Label: Free trade
The best industrial policy is none at all

The best industrial policy is none at all

The temptation to pursue an industrial policy hangs over Switzerland. Yet recent economic history, from the watchmaking industry to the Lucens nuclear reactor fiasco, shows that state intervention weakens rather than strengthens the national economy.
Primitive capitalism has made a comeback

Primitive capitalism has made a comeback

American tariffs symbolize the resurgence of mercantilism. Imperial withdrawal, scarcity of resources, militarized trade: with the end of free trade, the global economy is reverting to its old reflexes. A zero-sum game in which all lose, except those who dictate the rules.
Venice, medieval cradle of gentle commerce

Venice, medieval cradle of gentle commerce

I had come to celebrate my thirtieth birthday in the city of carnival. But behind the gondolas, I discovered an ancient republic built on water, order and trade. A precursor of free trade, more relevant than ever at a time of protectionist retreats.
Yes to the European Union, but reformed

Yes to the European Union, but reformed

LONG FORM ARTICLE, Diego Taboada | The 2019 European elections are presented in most media as a referendum for or against immigration. Why not instead see it as an opportunity to rethink the system as a whole and finally propose reforms to save the European Union?