Trump Is a Liar. That’s Bad. But He’s Delusional—and That’s Even Worse

Here we go again. The new oil deal with Venezuela, Donald Trump bragged over the weekend, will “substantially lower” gas prices and won’t cost the America taxpayer a dime. It’s historic. It’s yuge. It’s miraculous. So much winning. Hard to argue with in this case, right? Actually, Ricardo Hausmann found these claims pretty easy to argue with after all. Hausmann is a professor of political economy at Harvard’s Kennedy School and a former planning minister and Central Bank board member of…