Japan's Shinzo Abe has turned to Europe in hopes of stabilizing Japan's fiscal and and monetary situation. But Europe is a shaky foundation on which to build anything.
While efforts to mandate "equality of outcome" are rightly derided, "equality of opportunity" is wrongly held up as essential. But even when we face unequal opportunities, the marketplace can still make us all better off.
If the Chinese sell us stuff and then "hoard" the money we pay them, that increases the value of the dollars we continue to hold here in the US, while also leaving us with more stuff to sell elsewhere.
Thatcher's infamous yet magnificent "Bruges speech," which was far from being anti-EU, was a stark warning against Brussels' power-grabbing central government.
In spite of claims they will benefit society overall, interventionist policies designed to benefit certain interest groups ultimately only help certain groups at the expense of everyone else.
