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Monthly Archives: October 2014

State Capitalism Does not Work From the Soviet Union to post-Soviet Russia, from Social Democratic Europe to mixed economy China, we see the inherent flaws of systems in which politicians allocate scarce capital

WASHINGTON – Capitalism is flawed, we know this. The 2008 epic, almost terminal, Wall Street financial meltdown demonstrated that in...
Uncategorized

The Ebola Response Reveals Incompetence Too many mistakes in dealing with just one case. Contrary to what Americans have been told, we are not prepared

WASHINGTON – Beyond the hysteria, false alarms and exaggerations surrounding just three Ebola cases in the US, the disturbing fact...
Health, Public Policy, US

The Greek Economy Never Recovered – Now It is Once Again In Crisis All the aid packages ($ 306 billion) fixed nothing. Sky high debt, unemployment at 26% and a collapsed stock market

WASHINGTON – We were told months ago that Greece, the ultra-sick member of the Eurozone, was essentially out of...
Economy, Europe, International, Politics, Public Policy

Lockheed Claims Nuclear Fusion Breakthrough If this is true, we are on the verge of an energy revolution

WASHINGTON – I have observed in previous pieces that our long season of economic stagnation here in America (and...
Economy, Energy, International, Public Policy, US

Is Wall Street Going To Crash? Are sharply lower stock prices just a "healthy correction"? Or is this the beginning of a serious downturn?

WASHINGTON – If you believe that US stocks are priced fairly, then the current sharp dip experienced by Wall...
Economy, International, Public Policy, US

Ebola: We Should Design Better Protective Clothing For Health Care Workers It is incredible that doctors and nurses have to get in and out of cumbersome "space suits"

WASHINGTON – Here we go. In America we are in the middle of a media-induced “Ebola scare”. Indeed, we have...
Health, International, Public Policy, US

The Western Economies Are Much Weaker Than We Thought Lack of innovation and the high cost of generous welfare programs led to stagnation or decline

WASHINGTON – The Economist warns us in a recent Leader (Editorial) that the world economy is “Weaker than it...
Uncategorized

Low Oil Prices Hurt Russia, Iran And US Shale Oil Producers Saudi Arabia flooded the market with low cost crude, other OPEC members followed. What is the end game?

WASHINGTON – Are rapidly plunging oil prices just the logical outcome of a sudden collapse of global demand, just like what...
Uncategorized

Will Reformer Neves Have A Chance To Lead Brazil Into Real Modernity? Brazil needs a new president who will reform its public sector, while improving conditions for investors

WASHINGTON – Will Brazil finally join real modernity? Notwithstanding a few years of promising economic growth, the largest country...
Uncategorized

France And Italy Do Not Want Austerity – But They lack A Credible Growth Strategy Lack of competitiveness, combined with costly welfare, at the root of zero growth

WASHINGTON – France and Italy want less Brussels-imposed austerity, (spending cuts, higher taxes, fewer benefits for retirees), and more...
Economy, Education, Europe, International, Politics, Public Policy
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