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...
Ferguson Killing Interpretations Expose America’s Racial Divide Blacks believe that White policemen harass them. Many Whites believe that most Blacks are criminals WASHINGTON – Because of the killing of Michael Brown, a Black teenager, by a White policeman, in Ferguson, (Missouri),...
Italy Cradle Of The Arts? Yes, And Today’s Center Of Corruption – The Worst In Europe The Italians feel ill treated by S&P because it failed to recognized its rich history. Well, how about its present, as the most corrupt country in Europe? By Paolo von Schirach February 5, 2014 WASHINGTON – The Financial Times reports that Italian authorities have filed some...
No Way For America To Compete Effectively Unless It Improves Its Dismal Public Education System Most children in Philadelphia cannot read, yet their teachers get good marks. How is this possible? By Paolo von Schirach September 25, 2013 WASHINGTON – There is really no dispute about the fact that in this hyper...
If Solar Power Became Affordable, Developing Countries Would Be Transformed Lack of electricity is the main barrier to development. Building power plants and transmission lines is very expensive. Solar would generate power even in remote villages WASHINGTON – When it comes to electric power generation and distribution, in developed countries we are used to this...
Obamacare Will Not Improve America’s Deeply Flawed Health Care System The new law is mostly about extending health insurance. It does not address the built-in incentives to over prescribe, nor does it create credible "wellness education" programs By Paolo von Schirach August 25, 2013 WASHINGTON – The real problem with soon to be implemented Obamacare is that, contrary to...
AARP Magazine Placed A Good Article On Bill Clinton’s Healthy Diet On Page 38 – Why Not The Cover Story? AARP does little to promote healthy habits among its members who are the largest consumers of medical services. Why is that? By Paolo von Schirach August 8, 2013 WASHINGTON – The 38 million strong AARP (formerly the American Association of...
The Bad “Lesson” of The EU Debt Crisis Is That There Will Always Be A Bailout Other underperforming European economies know that there is a safety net. But this creates no incentive to really improve the fundamentals By Paolo von Schirach July 31, 2013 WASHINGTON – The situation in Europe turned from really dramatic into just...
Detroit’s Bankruptcy Is About Unaffordable Pension Obligations The city tried to raise extra revenue with higher taxes, this way encouraging more tax payers to leave. The combination of pension costs and bonds obligations proved to be unsustainable. Detroit is not "too big to fail" By Paolo von Schirach July 22, 2013 WASHINGTON – The convenient narrative about the Detroit bankruptcy is that the...
Egypt’s Tragedy Is In The Mix Of Impossible Politics And Total Economic Collapse 40% unemployment, currency reserves are gone. Saudi Arabia to the rescue, while Washington has become irrelevant By Paolo von Schirach July 16, 2013 WASHINGTON – The unfolding Egyptian drama sadly tells us that the Arab...