The death of former mainland Chinese premier Zhu Rongji on August 12 has renewed discussion of his economic legacy. Zhu, who served as premier from 1998 to 2003 after previously overseeing much of mainland China’s economic policy as vice premier, was one of the principal architects of the market-oriented reforms of the 1990s. He restructured state-owned enterprises, strengthened the central government’s fiscal capacity, promoted housing reform, and used mainland China’s accession to the World Trade Organization as a means of exposing domestic firms to greater competition.
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When Democracies Get It Wrong: Political Correction, Presidential Judgment, and an Uncertain World
The international environment of 2026 has forced governments to reconsider assumptions that seemed relatively comfortable only a few years ago. The continuing war in Ukraine, the U.S. operation in Venezuela, the war involving the United States, Israel, and the Iranian regime, severe disruption in the Strait of Hormuz, tensions across the Taiwan Strait, and renewed arguments over European defense have all changed how political leaders evaluate power, credibility, and risk. These events are interconnected not because they form part of a single conflict, but because every government watches what happens elsewhere and updates its expectations about what allies and adversaries are willing and able to do.
Continue readingFrom the Alps to the Mediterranean: Cities, Institutions, and the Long Course of European History
Travel becomes much more interesting to me when a city is not treated simply as a collection of landmarks. A cathedral is also evidence of religious institutions, accumulated capital, technology, and political authority. A medieval city gate tells us something about security and collective organization. A stock exchange reveals another stage in the development of commerce. Even the location of a city may help explain why it became wealthy, politically important, or repeatedly contested. Seen this way, traveling through Europe can become a form of reading history in physical space.
Continue readingPolicy Should Come Before Party
Recently, someone asked me why I’m willing to discuss politicians, public policy, and even my informal opinions about political figures in the classroom, yet I rarely post those views on Facebook or X.
Continue readingEconomic Freedom, LGBTI Rights, and the Price of Pride
One week from today, I will be in Amsterdam to take part in The Price of Pride: Economic Freedom & Digital Rights, an event organized by the European Liberal Forum in cooperation with the Friedrich Naumann Foundation for Freedom Europe and Rainbow Platform, on the fringes of EuroPride and WorldPride Amsterdam. The event will bring together researchers, activists, policymakers, and content creators to discuss a question that is often fragmented across different academic and political debates: how do economic freedom, digital rights, personal liberty, and human dignity interact in the lives of LGBTI people?
Continue readingWhy Political Economists Need Real-World Experience: Beyond the Ivory Tower
One of the most persistent problems in modern political economy is the growing separation between academic knowledge and practical experience. Universities produce increasing numbers of specialists who are highly trained in theory, statistical techniques, and academic writing. Yet many have limited exposure to entrepreneurship, finance, business decision-making, public policy implementation, or the economic realities faced by ordinary citizens.
Continue readingReflections from the 10th Austrian Economics Meeting Europe in Angers
From May 28 to May 30, I had the privilege of participating in the 10th Austrian Economics Meeting Europe, held in the historic city of Angers, France. Events like this remind me why academic exchange remains one of the most important elements of intellectual development.
Continue readingRemembering Margaret Thatcher: Thirteen Years On
Thirteen years have passed since the death of Margaret Thatcher. Commemorations of political leaders often drift into ritual. Yet Thatcher’s legacy cannot be understood in isolation, nor can it be reduced to domestic policy debates within the United Kingdom. Her historical significance lies in a broader constellation of figures—Ronald Reagan, Friedrich Hayek, Milton Friedman, and Pope John Paul II—who, across different domains, contributed to the intellectual, political, and spiritual defeat of communism in the late twentieth century.
This was not a coincidence of personalities. It was a convergence of ideas, institutions, and moral conviction.
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