Like a bolt of lightning, that call of congratulations from Taiwan President Tsai Ing-wen to President-elect Donald Trump illuminated the Asian landscape.

Economic research shows that the corporate tax is harmful to workers' wages and overall economic growth. If left to their own devices, politicians still wouldn't be likely to reduce or eliminate the destructive tax. They only act when tax competition — whereby taxpayers shop around for favorable tax environments — forces their hand.

Trade barriers do not increase employment; they just shift the composition of jobs away from competitive industries and toward those favored by the government.

We are now in a kind of political no-man's-land between an administration on its way out and a new administration taking shape. Predictions are always risky — and nowhere more so than in times like these.

A major threat to liberty is the assault on the right to discuss political issues, seek out alternative information sources, and promote dissenting ideas and causes such as non-interventionism in foreign and domestic affairs. If this ongoing assault on free speech succeeds, then all of our liberties are endangered.

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