Latin America as a whole must learn from Asia that only an active and enlightened state can successfully manage a market economy. Those who believe that libertarian ideas can be used to launch a modern economy into a world economy that has nothing, absolutely nothing, in common with a fair rules-based order will fail even more miserably than their predecessors.
Economics
Hong Kong Free Press: Hong Kong Budget 2020: HK$10,000 cash handouts for all adult permanent residents among raft of relief measures
Helicopter Money has landed. Apparently Singapore and Macau are following suit. Read here
Austerity
Yanis Varoufakis: The Italian crisis was the Left’s final warning
The Left must adopt a new, credible EU policy agenda: It’s time to explain how the bloc, and the euro, could be run differently, democratically and sustainably Read here
EU politics
CNBC: EU begins disciplinary procedures against Italy after rejecting its controversial budget plans
The European Commission is moving closer to sanctioning Italy for its 2019 draft budget proposal. Read here
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