FT: “Corbyn Is A Disastrous Choice” The British Labour party has abandoned reality, taking refuge in peace and justice dreams WASHINGTON – Here is how The Financial Times sees the election of Jeremy Corbyn as the new leader of...
Chinese Communist Party Instructs Media To Stress “Superiority of China’s System” When confronted with bad news, all autocracies tell lies WASHINGTON – The Financial Times reports that the Chinese Communist Party gave detailed directives to all Chinese media about...
Can We Find Decent People To Fix Our Democracies? Going for populists with easy answers is a bad idea WASHINGTON – Democracy and free markets anyone? By this I mean opting for a real republican government with fair...
Lessons of 9/11: Stay Vigilant, Improve US Intelligence It is impossible to "win" an aasymmetric conflict in which the other side always has the advantage of surprise WASHINGTON – The 9/11 attacks brought home the simple but unpleasant truth that America and Americans are easy, vulnerable...
Despite GOP Opposition, Iran Nuclear Agreement Here To Stay Too much international momentum behind pact. Almost impossible to reopen the issue WASHINGTON – The acrimonious Washington debate about the Iran nuclear deal is mostly noise –and almost entirely for domestic...
Endless Migration To Europe From Africa And The Middle East This is not just about Syrian refugees. This is an economic migration from poor countries WASHINGTON – The recent headlines and TV images about throngs of desperate Syrian families trying to board trains in...
Italy’s Bad Growth Numbers Described As Good In the "New Normal" leaders and media proclaim that chronic under performance is totally fine WASHINGTON – When drastically reduced expectations become the “New Normal” lousy economic numbers in Western countries become acceptable, and...
An Academic Argues That We Need Socialist Policies in America Socialism is good, we have never really tried it WASHINGTON – In the course of a TV program focused on economic freedom, a leftist university professor was interviewed...
Why Are Americans In Love With Crazy Political Ideas? Trump and Sanders succeed because we no longer have any consensus about which policies improve the common good WASHINGTON – “I play to people’s fantasies. I call it truthful hyperbole”. This is what Donald Trump once said,...
David Stockman: We Are Losing Manufacturing Jobs Higher employment is due mostly to growth in the services sectors, mostly health care and the food industry WASHINGTON – In his Contra Corner blog David Stockman (Budget Director under Ronald Reagan) has been warning us that...