
Tuesday, June 30, 2009
This week, American troops start leaving Iraqi cities in compliance with both former President George W. Bush's negotiated start date for withdrawal and President Obama's campaign pledge.
Tuesday, June 16, 2009
To borrow Niall Ferguson's metaphor -- if finance is an evolutionary process, then regulation is its intelligent design -- a cognate of faith, not science.
Tuesday, June 9, 2009
The weekend's European Parliament and British local county council elections were not only a victory for the center-right over the center-left. More significantly, they were indications of the growing rejection of the last 60 years of denationalized and consolidating European history.
Tuesday, June 2, 2009
The ancient Latin historian Livy famously described the terminal plight of the late Roman Republic. "Nec vitia nostra nec remedia pati possumus" ("We can bear neither our shortcomings nor the remedies for them").
Wednesday, May 27, 2009
In 1845, the French economist Frederic Bastiat published a satirical petition from the "Manufacturers of Candles" to the French Chamber of Deputies that ridiculed the arguments made on behalf of inefficient industries to protect them from more efficient producers.
Tuesday, May 19, 2009
"I wonder what he meant by that."
Tuesday, May 12, 2009
The Times of London on Sunday published an interview with King Abdullah II of Jordan in which the maturing king demonstrated a deft touch in putting pressure on both the new prime minister of Israel, Benjamin Netanyahu, and our president.
Tuesday, May 5, 2009
News item No. 1 concerns the testimony of Secretary of State Hillary Rodham Clinton before the House Foreign Affairs Committee on April 24. "[Deterioration of security in nuclear-armed Pakistan] poses a mortal threat to the security and safety of our country and the world," she said.
Tuesday, April 28, 2009
Several events in recent months bring back to the forefront the perennial assertion that, on grounds of both efficacy and ethics, the public's right to know is the best guide to good government and good institutions.
Tuesday, April 21, 2009
The Obama administration last week declined to cite China for currency manipulation though most experts - including Treasury Secretary Timothy F. Geithner during his confirmation testimony - do not deny the obvious currency rate-fixing by China. Almost certainly, this decision reflected merely a tactical judgment not to offend China, given China's vital role in the international economic recovery effort.