Niall Ferguson reflects pensively in Bloomberg on wavering American global leadership. Surveying key factors like the U.S. contribution to the war in Ukraine, economic policy and relations with China and Europe, Ferguson observes worldwide faith in America’s role diminishing. That plus fair-weather allies provide worrisome signs of a cracking U.S position.

Javier Milei Makes Fools of the “Experts”
As it began looking like Javier Milei might actually be elected President of Argentina, more than 100 leading international economists warned that this “far-right” political “wrecking ball” would “cause ‘devastation,’ spike inflation, expand poverty, and unemployment.” But as David Harsanyi relates in the Washington Examiner, Milei has tamed inflation, balanced the budget, shrunk the bureaucracy, deregulated the economy, driven down poverty and repaid billions in U.S. loans. And now, Harsanyi notes, Argentina is starting to boom.

