New Aramco chair bears small plus and bigger minus, says gfhay:
Milton Friedman proclaimed that governments were always bad economic actors. Eventually, far too many people believed him. “The Economists’ Hour” tells how reality trounced ideology for decades. Though the fanatics are in retreat, economists are still far too fond of markets.When Kyriakos Mitsotakis met German Chancellor Angela Merkel yesterday, he was able to point to a list of quick wins, including lifting capital controls. But the new Greek prime minister has also made errors.
Three years and two prime ministers after a divisive referendum, the UK is as far as ever from a national consensus on how to leave the EU. A decision to stay now would be economically sensible, globally responsible - and politically no harder than any variety of separation.UK Prime Minister Boris Johnson has prorogued parliament, cutting the time available for lawmakers to thwart a planned Oct. 31 EU departure.
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