Allison Schrager, City Journal
Until recently, when a prominent writer like Andrew Sullivan lost his job for voicing controversial opinions, he had two options: write for the other side or fade into obscurity. But when Sullivan was fired from New York Magazine recently, he turned to Substack, a platform that lets authors publish and monetize a newsletter or sell standalone content directly to readers. Sullivan claims that he has more than 75,000 subscribers and is making more money than he did at New York.
Read more here.
Chris Pope, Manhattan Institute
Why the Trade Balance Is Not a Mystery
Steve Hanke, National Review
Claudia Sahm & Elmira Bayrasli, Project Syndicate
Jonathan Hartley, National Affairs
Desmond Lachman | The National Interest
With a wave of debt defaults likely to hit the emerging market economies soon and a sovereign debt crisis brewing in Europe, US economic policymakers should consider shifting their attention to external economic risks. If the past 25 years provide any lessons, these factors can impede the economic performance of the United States.