No Good Cities In Developing Countries Chaotic urbaniization means epic traffic and poor services WASHINGTON – Many emerging countries have made progress in their own economic development. Growth is up, poverty is down. And...
China Exports Excess Capacity Below Cost US producers displaced by Chinese dumping WASHINGTON – In order to build strong defenses against the ill effects of the 2008 Great Recession China launched a...
THE US Shale Industry Survived Oil Prices Collapse High cost producers managed to increase productivity WASHINGTON – When oil prices suddenly collapsed, going from $ 100 per barrel to $ 50 or less, the almost...
Can Greece Be Saved? Negotiators still believe that there is a "solution" that will allow Greece to stay in the Eurozone and pay its debts WASHINGTON – The latest round of negotiations aimed at solving the Greek crisis (Yes, 6 years later we are...
Up to 19 Years To Build A Highway Too much bureaucracy, too many overlapping jurisdictions WASHINGTON – In country X “New highway projects can require up to 200 regulatory steps and take between 9...
Hyper Regulated US Solar Energy In the US, lawyers, not engineers, are the best renewable energy consultants WASHINGTON – Recently I read a very good piece on the future of solar power in the United States....
US Stocks Rise Because Of Bad Economic News? A mediocre economy means that stocks continue to benefit from zero interets rates WASHINGTON – Here is a clear economic news non sequitur, now considered “normal”, as financial markets lost any connection with the real...
Amtrak Tragedy Turned Into An Ugly Political Argument DEemocrats immediately argued that the train derailed because of chronic under investment willed by the Republicans in Congress. Not a shred of evidence WASHINGTON – In this venomous Washington political climate nobody can resist the temptation to turn even a tragedy into...
China’s Victory In The South China Sea By occupying various islands, China extended its territorial waters and exclusive economic zone WASHINGTON – China’s “peaceful rise” recently took a new, openly aggressive turn. Without any hesitation, China now claims sovereignty over the...
Chris Christie’s Economic Agenda Is Just Common Sense How can a plain pro-growth recipe be controversial? WASHINGTON – New Jersey Governor Chris Christie, a likely Republican White House contender, laid out his fiscal and economic reforms...