Monthly Archives: October 2021

October 31, 2021


Luis Rubio When everyone is an enemy, no one is a friend. Thus began the end of terror in the French Revolution. Will the current Mexican government end the same? In 1793 the National Convention passed the Suspects Law that began the reign of terror. Ten months later, on the 8th of Thermidor, Robespierre denounced […]

October 24, 2021

Pernicious Solutions

Luis Rubio When the government of a country finds itself in financial trouble it has two possible solutions: it can reduce its excessive expenditures, or it can transfer the problem to the citizenry. The first course incentivizes growth because it ceases diverting resources to socially unprofitable projects, while the latter route undermines future growth in […]

October 17, 2021

The Peña Effect

Luis Rubio At the end of the Cold War, Fukuyama wrote an article entitled “The End of History” in which he postulated that the world had arrived at a consensus about the way forward. Twenty years later, with wars in the Middle East in vogue, Jennifer Welsh published “The Return of History,” suggesting that war […]

October 10, 2021

Changing World

Luis Rubio The way the Morena-party government functions, especially with President López Obrador’s early-morning press conferences, reminds me of an old Russian joke. It was about a peasant farmer whose neighbor saves enough to purchase a goat. The peasant asks God to put right this injustice and God answers, asking the peasant what he wants […]

October 3, 2021


Luis Rubio For every action (force) in nature there is an equal and opposite reaction. Newton’s Third Law of Motion is similarly applicable to physics and politics. Governments define their objectives and means to achieve them and the population has to deal with the consequences: nothing and no one can avoid this elemental principle. The […]

October 1, 2021

The Expert Take – USMCA Rules of Origin Disputes  WILSON CENTER MEXICO INSTITUTE By Christopher Wilson, Francisco de Rosenzweig & Luis Rubio on September 23, 2021 The USMCA Rule of Origin for automotive products not only sets a high threshold of regional content to qualify for tariff-free treatment (75 percent, up from 62.5 percent in NAFTA) it also adds requirements specific to steel, aluminum, and labor value content. Auto […]