Jagdish Bhagwati is Arthur Lehman Professor of Economics and professor of political science at Columbia University. He is also a visiting scholar at the American Enterprise Institute in Washington, D.C.
Democracies are under stress, but they are not about to buckle. The erosion of norms and other woes do not spell democratic collapse. With incredibly few exceptions, affluent democracies will…
The same policies that fostered decades of prosperity in Singapore have also led to longer-term economic ills that might have been averted in a freer society.