专栏唐纳德•特朗普

The economic consequences of a mad king

Trump’s delight in doing whatever he wishes in the moment is incompatible with stability and sustained dynamism

“Off with their heads.” This is the sentence that the Queen of Hearts, the incarnation of monarchical caprice in Alice’s Adventures in Wonderland, adores pronouncing. She might be entertaining. The reality, however, is not. Throughout history, absolute rulers have brought misery upon their people and even their families. Their courts are hotbeds of sycophancy, favouritism and corruption. This is the price of arbitrary despotism.

At its best, the story of the English-speaking peoples, including the US, has been one of taming such arbitrary power. It was a lengthy and hard struggle, from Magna Carta in 1215 to the exile of James II and the declaration of the Bill of Rights in 1689, via the civil war of the early 17th century and execution of Charles I in 1649. Those who condemned the dethroned monarch to execution rightly found him guilty of seeking “an unlimited and tyrannical power to rule according to his will”.

The Declaration of Independence and ratification of the US Constitution were further steps in this war on absolutism. So, too, was the US civil war, which established the principle that nobody should be allowed to hold absolute power over another person.

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马丁•沃尔夫

马丁•沃尔夫(Martin Wolf) 是英国《金融时报》副主编及首席manbetx20客户端下载 评论员。为嘉奖他对财经新闻作出的杰出贡献,沃尔夫于2000年荣获大英帝国勋爵位勋章(CBE)。他是牛津大学纳菲尔德学院客座研究员,并被授予剑桥大学圣体学院和牛津manbetx20客户端下载 政策研究院(Oxonia)院士,同时也是诺丁汉大学特约教授。自1999年和2006年以来,他分别担任达沃斯(Davos)每年一度“世界manbetx20客户端下载 论坛”的特邀评委成员和国际传媒委员会的成员。2006年7月他荣获诺丁汉大学文学博士;在同年12月他又荣获伦敦政治manbetx20客户端下载 学院科学(manbetx20客户端下载 )博士荣誉教授的称号。

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