
Brace for Austerity, Part I
Reckless government spending is going to provoke more fiscal austerity in Europe. There is no right way to do austerity. Here is why.

Reckless government spending is going to provoke more fiscal austerity in Europe. There is no right way to do austerity. Here is why.

Despite repeatedly yielding to Azerbaijan with American encouragement, Armenia has not yet received security guarantees from America.

The efforts of the Left and centre to keep Le Pen’s RN out of government would leave France in the rut of immigration, insecurity, and loss of self-confidence.

Inflation varies wildly across the euro zone. Economists have not yet been able to explain why; here is my hypothesis.

For two big reasons, there is still no sight of lower interest rates for Americans.

In its quest for a utopian multicultural society, the EU denies the fundamental differences that exist between cultures.

The RN’s rise is spectacular, but it would be naïve to underestimate the capacity of the political system, dominated by the Left, to defend itself in order to survive.

By signing a pro-Biden letter without substance, these economists have politicized a prestigious award and compromised their own scholarly integrity. Shame on them.

On the battleground of the economy, Macronist lecturers on good management have seriously lost credibility.

By blowing hot and cold in its dealings with the traditional liturgy, the Vatican is plunging the faithful into disarray.
There is only one way that Congress can permanently end its budget deficits. Here is how to get the job done.
Twenty years later, the 2004 Madrid train bombing remains central to understanding Spanish polarization and geopolitical irrelevance.
In 2023, the federal government borrowed $2.5 trillion. So far this year, things are only getting worse.
“LGBTQI” Spaniards are now being invited to register for priority status within the government’s job placement scheme.
Ideological inconsistency and obsession with respectability have prevented follow-through on conservative convictions.
Legal experts mostly agree that the law is unconstitutional, and opposition leader Feijóo has stated he would repeal it once in power.
The national French statistics office has released new numbers on government debt. Everybody debates those numbers, but has anyone actually read them?
A combination of ominous economic forces beyond the control of the government will make minced meat of Sweden’s euro-skeptic holdouts.
The U.S. Congress has ignored the budget deficit for decades. Debt investors have almost run out of patience. Will Congress address the problem—or continue to play for time?
Donald Tusk has accused the National Bank of Poland of manipulating interest rates to help his predecessor win last year’s election. Here is ample proof that Tusk has no case.
The prospect for lower interest rates in Europe is fading, but the reason has nothing to do with the European economy. The reason is found on the other side of the Atlantic Ocean.
Economists have failed to explain Europe’s economic stagnation. Here is an explanation they have not considered.