Low Oil Prices Are Good For America The US energy sector is badly hurt. But the overall American economy benefits from lower crude prices
WASHINGTON – Oil prices keep going down, and down. We are now around $ 50 a barrel, or even...
Category: Politics
Greece Once Again Threatens Europe’s Financial Stability A possible new leftist government will reopen the debt reduction deals. This possibilty exposes the Eurozone's fundamental weakness
WASHINGTON – Greece is again in the news, and for bad reasons. Early elections (to be held on January...
In Rome Municipal Guards Do Not Show Up For Work 83.5% produced fake excuses in order to avoid working on New Year's Eve
WASHINGTON – From tragedy to farce Italy has it all. Sadly, there is the daily tragedy of the hapless...
How The Europeans Destroyed Their Economies America should learn from this example. Avoid taking the same path, or you get the same results
WASHINGTON – We all know that most European economies are doing poorly or very poorly. Indeed, in the new normal...
Why Is the Islamic State Popular? Islamic fundamentalism is a dream that appeals to emotions. It is not a political program. Arab societies have to produce rational and yet appealing alternatives
WASHINGTON – The NYT published a front page story on how American policy-makers are trying to understand ISIL, (Or ISIS,...
No Independent Judiciary In China Trials are a formality. The police decide who is guilty, well in advance of any formal judicial indictment
WASHINGTON – Western media are covering rather extensively the broad anti-corruption campaign now under way in China. Most recently,...
Japan Headed Towards Disaster? Abenomics is not working. A stagnating economy, combined with an aging population, negative savings rate and more debt indicate trouble ahead
WASHINGTON – Unfortunately for Japan, smashing political victories do not translate into good economic performance. Prime Minister Shinzo Abe held...
Sustained US Growth Requires Quality Public Education The US is improving. But we are still struggling. Too many Americans are not participating
WASHINGTON – The American economy is closing 2014 on a high note. US GDP grew 5% in the third quarter....
NYT Report From Cuba Silent About Moribund Economy Cuba is poor because it is socialist. And yet none of this comes out in a long article about local reactions to the news of normalized relations with the USA
WASHINGTON – In a longish report from Cuba, The New York Times tells us about various opinions expressed by...
America Embraces Cuba? After 55 years of hostility, Obama establishes diplomatic relations with the communist regime
WASHINGTON – President Obama’s unexpected announcement about re-establishing formal diplomatic relations with Cuba, while easing some of the travel and...