Tag: #PoliticalEconomy

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The Sadness of Being the ‘Last Man’

Colin Henderson

​ Francis Fukuyama has long been considered a naive triumphalist. He now wants to set the record straight. Gal BeckermanSeptember 9, 2026 Francis Fukuyama never promised us we’d be happy. To be fair to the many readers who thought otherwise, The End of History and the Last Man, his famous 1992 book, did give off a whiff of utopia, trumpeting a post–Cold War world in which liberal democracy had vanquished competing political systems and everyone could lie back on their affordable chaise longues and raise a glass to the expiration of all strife and struggle. “Several” people each week still ask … Continue reading The Sadness of Being the ‘Last Man’

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Globalization Ends Not With a Bang, But Tariffs 2.0

Colin Henderson

​ Summarize Source: Bloomberg This time, the silence from markets and the media has been deafening. John AuthersJuly 28, 2026 at 8:54 PM EDT Trump touts tariffs to GM workers.Photographer: Sarah Rice/Bloomberg To get John Authers’ newsletter delivered directly to your inbox, sign up here. Today’s Points: Protectionism Fatigue This is the way globalization ends, not with a bang but a whimper. The current US administration has declared war on the global free trade system. Last year’s “Liberation Day” imposition of the highest tariffs in a century drove a dramatic selloff in both stock and bond markets that within a week forced a presidential … Continue reading Globalization Ends Not With a Bang, But Tariffs 2.0