All articles tagged with #free markets
John Avlon argues that Donald Trump’s attempts to influence the economy — including pressuring the Fed and courting government involvement in private firms — prompt Wall Street to cheer in the short term, but threaten the long-run foundations of free markets, the rule of law, and the U.S. dollar, with deficits and debt likely to punish Main Street when the mood shifts.
The Washington Post has appointed Adam O’Neal, formerly of The Economist, as its new opinion editor to steer the section towards championing personal liberties and free markets, reflecting a shift in editorial focus under owner Jeff Bezos. O’Neal's appointment follows recent tumult within the section, including the departure of previous leadership and changes in editorial direction, with an emphasis on relevance and accessibility for diverse readers.
Argentine President Javier Milei met with Elon Musk at a Tesla plant in Texas, where they discussed the importance of free markets and eliminating bureaucratic obstacles to business. They also talked about investment opportunities in Argentina's lithium deposits. The meeting comes as Argentina seeks support from the US and the IMF to boost investor confidence amid backlash over market-oriented economic reforms.
Elon Musk and Argentine economist Javier Milei recently met and shared their mutual admiration for free markets and discussed their views on economic ideologies. Musk, known for his work in technology and space exploration, and Milei, a prominent advocate for free-market policies, expressed their support for minimal government intervention in the economy during their first encounter.
Critics of globalization, both from the left and right, are mistaken in their arguments against the relatively free movement of things, people, capital, and ideas across national borders. A new project called Defending Globalization aims to correct the record on globalization, highlighting its benefits, alternatives, and the need for more global integration in the future.
Democrats, including leading progressives and finance industry critics, are championing free-market capitalism as Republicans escalate attacks on investing practices that consider environmental, social, and governance (ESG) factors. The GOP's campaign is pitting them against big money managers and Wall Street players, while Democrats argue that the Republican crusade against sustainable investing is an effort to protect the fossil fuel industry. The escalating culture war between the GOP and big business is straining their relationship with Wall Street and creating a new line of attack for Democrats ahead of the 2024 election.