Category: Analysis

Bad Idea: ECB Cuts Interest Rates

Central banks returning us to very low interest rates could encourage more government debt, risking another inflation episode.

China’s Strategic Mistake in Venezuela 

China supports Maduro so it can recover the multimillion-dollar investments it made in Venezuela. But the Chinese Fund only served to swell the pockets of corrupt officials.

Can You Trust U.S. Economic Statistics?

The federal Bureau of Labor Statistics has admitted to a major error in estimating U.S. employment. Was this incompetence, understaffing—or something else?

Euros & Dollars: Say No to Distance-Based Vehicle Taxes

Euros & Dollars: Say No to Distance-Based Vehicle Taxes

The tax would invade privacy and clash with other attempts at changing behavior through taxes.

June 12, 2024
Georgia’s Foreign Agents Law Exposes Western Political Manipulation

Georgia’s Foreign Agents Law Exposes Western Political Manipulation

Recent efforts to punish Georgia risk precipitating, rather than deterring, the country’s drift toward Russia.

June 12, 2024
Euros & Dollars: How Big Is the American Government? Part I

Euros & Dollars: How Big Is the American Government? Part I

More people than ever get their paycheck from taxpayers. At the same time, some numbers seem to suggest that the era of big government is over. How is this possible?

June 11, 2024
Michel vs. VDL: EU Top Jobs Reshuffle Trickier Than Thought

Michel vs. VDL: EU Top Jobs Reshuffle Trickier Than Thought

Ursula von der Leyen is scrambling for enough votes in the Parliament for reelection, and she could also be excluded from the talks in the Council about her own position.

June 11, 2024
France: Landslide Victory for Le Pen Paves Way for National Government of the Right

France: Landslide Victory for Le Pen Paves Way for National Government of the Right

Snap election leaves all sides calculating how to form the next government amid suspicions Macron is playing a long game.

June 11, 2024
Mitch McConnell Misunderstands Hungary’s Foreign Policy

Mitch McConnell Misunderstands Hungary’s Foreign Policy

McConnell errs by assuming that Hungary can and should divorce its domestic interests from its foreign policy commitments.

June 11, 2024
South Africa’s Political Future

South Africa’s Political Future

For the first time since 1994, South Africa’s ANC does not have an absolute majority. What comes next will be an important test for the RSA.

Euros & Dollars: The Rate Cut Europe Did Not Need

Euros & Dollars: The Rate Cut Europe Did Not Need

There are signs that the policymakers at the ECB realize that this rate cut was not a very good idea. 

June 7, 2024
Let Taiwan Join the OECD

Let Taiwan Join the OECD

China, which is a partner rather than an OECD member, has been allowed to block a wider role for Taiwan.

June 7, 2024
Euros & Dollars: Britain’s Unending Economic Decline

Euros & Dollars: Britain’s Unending Economic Decline

The skirmish between Prime Minister Sunak and Labour leader Starmer over health care funding reveals a deeply rooted structural flaw in the British economy.

June 6, 2024
Left-Liberal Polish Government Neck and Neck With Conservatives in EU Election Poll

Left-Liberal Polish Government Neck and Neck With Conservatives in EU Election Poll

Donald Tusk’s government is like the “extended arm” of the European Union, conservative Polish journalist says.

June 5, 2024
Euros & Dollars: High U.S. Interest Rates Are Here To Stay

Euros & Dollars: High U.S. Interest Rates Are Here To Stay

For two major reasons, you should plan your personal finances on the premise that interest rates will remain high for the long haul.

June 5, 2024