By Richard Schulman With the wisdom of hindsight, we think the US made a big mistake in leaving Nicolás Maduro in power in Venezuela, faced only with economic sanctions that almost never bring about the downfall of a dictatorship, just more deprivation to powerless citizens. Chile, Colombia uprisings The leftist-instigated arson and urban uprisings in […]
Bad governments create externalities, a.k.a. refugees
Bad governments produce refugees, hundreds of thousands of them — fleeing for their lives, livelihoods, or both. The US is by no means alone in facing unwanted crowds of refugees heading for its borders. For some countries under some circumstances, refugees can be a boon. Europe’s refugees who came to US shores in the 19th […]
