The free market is the spirit of the American people. Now, with the spirit lost, it’s merely a name.
On Feb. 16, Hillary Clinton paid a visit to Japan, her first foreign visit as Secretary of State. It is very symbolic that Japan should be the first stop in Asia. During the Bush era, Sino-American relations seemed more important, leading to fears in Japan that the Japanese-American partnership had weakened. [Read more]
When U.S. President Barack Obama signed a giant economic stimulus package that included “Buy American” provisions, he was setting a dangerous precedent for the world. International trade will probably be degraded thanks to a sharp rise in trade protectionism. The world economy will face the threat of a worse [Read more]
Obama has stressed collective responsibility and has said that he recognizes the merits of the Republican political philosophy. This shows progress.