This is not the time for knee jerk populist reactions to problems. These will only discourage foreign investment and make matters worse.
The government in Turkey, which represents the powerful, traditionalist mass, is very comfortable creating policies tailored only for their supporters.
I don't think that 60-70 percent of working-class white voters would have supported a Muslim ban before Donald Trump said something about a Muslim ban.
Look at the European Parliament. There are a lot of people who are looking for simplistic solutions, for - who are sort of preaching policies of - well, very unfriendly policies.
And political parties, overanxious for vote catching, become tolerant to intolerant groups.
There would be plenty of justification to raise revenues in order to subsidize businesses that employ low-wage workers. But there can be no justification for pandering to the economy's entire bottom half merely to attract its votes.
I hate to rain on anyone's parade or burst the enthusiasm bubble, but talk is especially cheap during an election season.
The populists always fail in their own terms. Let me be more specific, the protectionists always fail. They always end up delivering the sharpest fall in living standards to the people who are their biggest supporters.
I think always, when you have a candidate promising free stuff, and another promising less stuff or nothing, the one who promises more is always going to have the advantage.
Latin Americans are all too familiar with the boom and bust cycles associated with economic populism.
When a democracy reaches a point where the politicians cannot say no to the people, and both parties are competing for votes by promising even more spending or even lower taxes, or both, the experiment is about over.
