In 1985, Ronald Reagan “jawboned” the Japanese into accepting “voluntary” restraints on exports of Japanese cars to the United States. At the same time, he drew a line in the sand between himself and U.S. congressmen calling for much stronger actions to protect the U.S. car-makers. In a weekly radio address, he vowed, “If the […]
Andrew B. Wilson and Rex Sinquefield
Andrew B. Wilson, a longtime contributor to The American Spectator, is resident fellow and senior writer at the Show-Me Institute, a free-market think tank headquartered in St. Louis. Rex Sinquefield is president of the Show-Me Institute.
World War I ended with the collapse of vast empires and the age-old monarchies that ran them. What kind of a new world would emerge from the imperial rubble? The poet William Butler Yeats was nothing if not pessimistic. In 1919, he wrote: Turning and turning in the widening gyre The falcon cannot hear the […]
If you are running a business, what are “the most terrifying words” in the English language? In a famous quip, Ronald Reagan answered, “I’m from the government, and I’m here to help.” Everyone got the joke: Beware of any “help” from the government — as it is likely to come at a frightful cost in […]