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...
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...
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...
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...
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...
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...
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...
Americans Live A Bit Longer – But The Health Care System Still Focuses On Treatment, Not On Prevention The US still lags behind much poorer countries like Greece when it comes to life expectancy WASHINGTON – Life expectancy in the US reached a new high point: 78.8 years. This is good news. Longer...
If We Want Cost Effective Renewable Energy, Let’s Invest More In R&D Adopting immature technologies is only about politics, not about good economics WASHINGTON – It is very sad that the renewable energy debate is now mostly about politics and ideological bias, and...
No Real Progress In the US-Led Air War Against ISIL – No Path To Victory Modest military effort. Very few air sorties, even fewer strikes WASHINGTON – in 1999 NATO combat aircraft (with the US supplying most of the air power engaged) flew 38,000...