“There’s nothing more excellent in human life than that good faith by which commercial relations are established and society among men is constituted.”

Juan de Mariana (1536-1624)


S.O.D. #7: In the European Union Commission, a Catfight among Closet Trumpists

“Those who in the 21st century think that we can become great again by rebuilding borders, reimposing trade barriers and restricting people’s freedom to move, they are doomed to fail,” trade commissioner Cecilia Malmström said on January 24, ostensibly criticizing the policy of United States president Donald J. Trump.

“There can be no doubt that we have the right to protect our industry against unfair competition,” countered Vice President of said Commission Frans Timmerman in defense of a policy in line with the propositions of Mr. Trump, in force in the European Union since 2013.

But two can play that game. In a flat out Trumpean formulation, Ms. Malmström continues: “They feel, like we feel, that there can be good trade agreements that are good for business and the people.” Yuge.

It seems we’re all on side with Mr. Trump after all.