@greg_ip
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Ron DeSantis explains why the GOP "screaming socialism" doesn't work anymore:
"Young people have a very positive view of socialism compared to capitalism. The question is, why is that? Some of it is the education in our universities. But I think a big part of that is, what they're comparing is not free enterprise versus socialism. What they're comparing is how government gets involved in business, and you have crony capitalism. The best kind of indirect supporters of socialism are some of these corporatist republicans who propagate these crony policies. The average person is seeing that and saying, 'Wait a minute, you're trying to bend the government to funnel benefits to this corporation or that industry. What about having a competitive market? ... Young people really aren't seeing that. They're seeing just a handful of companies that have an outsized influence on our economy and on our society"View quoted post on X
PIIE mourns the loss of Gary Clyde Hufbauer, a pillar of the Peterson Institute for International Economics & a beloved colleague & friend to many.View quoted post on X
As one of the Institute's cornerstone senior fellows, he helped C. Fred Bergsten make PIIE what it became from its earliest days & embodied so much of the spirit of the Institute—intellectual engagement, passion to understand & improve the policy world, independence, collegiality, & a deep commitment to bringing economic research to bear on the world's most pressing policy challenges.
His passing is an enormous loss to our community & to the field of international economics. Gary leaves behind a monumental legacy, not only in his scholarship & influence on economic policy, but also in our institution which he helped build & the many lives he touched.
May his memory be a blessing for his family. He certainly was a blessing to all of us at PIIE.
