easy money
Low Interest Rates Mask the Effects of Job-Killing Policies

Liberals cheer for Fed policies that increase inequality and concentrate wealth because only ultra low rates can mask the effects of left-wing microeconomic policies.

After the Bailout
Tsipras Wins Again as Greek Politics Tilts European

For the moment, Greek politics is looking fairly normal from the EU point of view.

How To Read Ukraine
Is Putin Winning or Losing?

Putin doesn’t need military success in eastern Ukraine or further advances into Ukrainian territory to get his way.

American Power
Decline that Never Quite Becomes a Fall

The Fed’s decision not to hike interest rates just goes to show: the G-1 is still holding the switch on which the global economy depends.

the papal visit
The White House’s Childish Dig at the Pope

The White House’s decision to invite controversial guests to the Papal welcoming is behavior you’d expect to see from middle school students rather than the head of state of a serious country.

Syria Policy Fail
The Fig Leaf Falls from U.S. Syria Strategy

It’s impossible for the White House to pretend anymore that America’s current Syria strategy is anything but a ruin. But will it change course?

Fanciful Farming
Magical Thinking in Indian Agriculture

An Indian minister advocated sending “good vibrations” to seeds to improve yields. This kind of thinking pervades Western green thought, as well.

The Endgame in Syria
Fecklessness 101

In 2012, the Russians offered to ditch Assad—and the Administration refused.

japanese innovation
The World Is Changing Faster Than You Think

Don’t write off the Land of the Rising Sun. If the robot revolution takes hold, a big chunk of the 21st century will be made in Japan.

Bureaucracy Blues
Why We Can’t Have Nice Things

Reform of the licensing process for infrastructure projects is a vital part of the restructuring government needs. Layers of conflicting mandates, bureaucracies with overlapping responsibilities, and legal and regulatory processes that are sluggish and out of date make necessary projects and repairs slower and much more expensive than they need to be.

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