Now that British Prime Minister Theresa May's negotiated Brexit agreement has been soundly rejected by the House of Commons, the United Kingdom finds itself at a crossroads. The country's future depends largely on whether its political leaders can put cooperation and the national interest before adversarial partisanship.
Following his recent death, Vanguard Group founder Jack Bogle was widely and generously eulogized – and justifiably so. But if everyone followed Bogle’s investment strategy, market prices would turn into nonsense and would provide no direction to economic activity.
calls on UK politicians to abandon their trenches and put their country's interests first.
urges world leaders to spend more now on health, education, and skills to meet rising economic aspirations.
considers the late Vanguard founder Jack Bogle a hero to investors, but not a flawless one.
worries that self-interested unilateralism will usher in a world where everyone is worse off.
urges countries to undertake the reforms needed to make globalization work for everyone – before it’s too late.
and PS Associate Editor Greg Bruno discuss the expansion of China’s digital censorship.
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