Brexit Should Force EU To Rethink Its Purpose Europe is mostly a morass of complicated rules that many Europeans find oppressive
WASHINGTON – The most improbable is now reality. Great Britain opted out of Europe. What does this Brexit vote...
Category: Economy
Unrealistic Plans To Stop African Migration Into Europe The creation of a mega infrastructure fund aimed at speeding up Africa's development will get you nowhere
WASHINGTON – How can Europe stop the endless tide of poor migrants arriving daily from Africa? Very simple, argues...
Regulations Kill Enterprise Small companies close down, while very few new ones are created. This is the slow death of capitalism
WASHINGTON – Jim Tankersley reports in The Washington Post, (May 23, 2016), that “The recovery from the Great Recession has...
Public Assistance Is A Curse FDR long time ago warned that depedance on relief is just like taking drugs
WASHINGTON – “Continued dependence upon relief induces a spiritual and moral disintegration fundamentally destructive to the national fiber. To...
Unhappy Americans Look for Culprits Many voters believe that outsiders will deliver prosperity
WASHINGTON – The most visible impact of “The Great Stagnation” , (the title of Tyler Cowen’s book provides a good...
Italian Prime Minister Talking Nonsense When wishful thinking becomes farce
WASHINGTON – Yes, there is something to be said about optimistic political leaders who inspire their people to hang...
The Dream Of A Modern Saudi Arabia Deputy Crown Prince Mohammed wants to transform a country whose entire society been shaped by the oil rent
WASHINGTON – Bloomberg Businessweek placed Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman on its cover (April 25 – May...
Oil Prices Will Stay Low The Doha talks failed because Iran did not accept to freeze its oil production
WASHINGTON – I am not at all surprised to see that the Doha oil talks aimed at finding an...
Living In A False Data World Authoritarian governments produce fake statistics that further political goals
WASHINGTON – We are used to hear that we live in a “data driven” world. Thanks to ICT and...
In Japan Corporate Losses Are Not Revealed Sharp had to admit huge losses before Foxconn would agree to buy it
WASHINGTON – The WSJ commented in an editorial, (Japan’s Sharp Turn, March 31, 2016), that the Foxconn (Taiwanese electronics...