Kai Weiss is the Research and Outreach Coordinator at the Austrian Economics Center and a board member of the Hayek Institute. Follow him on Twitter.
The odds of a no-deal Brexit appear smaller than ever, and the exit process still has no end in sight.
Angela Merkel has caused cultural blowback with seemingly unchecked migrant flows while simultaneously harming business with higher taxes and more anti-business regulation. The results have not been great.
While Elizabeth Warren may be correct that the system is broken, she is quite wrong in how and why it is broken — and how to fix it.
So far, the EU has required that all states approve any tax increases in a unanimous vote. Unsurprisingly, the EU elites find this limitation very inconvenient.
EU negotiators have done all they can to hinder the Brexit process. But freedom from the EU's trade straitjacket would, of course, be best for the UK.