Category: Analysis

Euros & Dollars: Javier Milei’s War on Inflation

The president of Argentina wants to make it illegal to print money for budget deficits. Economic theory says he is right, but the politics of the welfare state may get in his way.

Macron’s Desperate Offensive Against the National Right

Obsessed with not appearing too far to the Right because of some of his reform ideas, the French president is pandering to the far Left by calling the Rassemblement National “outside the republican arc.”

Climate Alarmism: A New Political Weapon?

Climate Alarmism: A New Political Weapon?

The ecological issue—a ‘green deal’ driving up energy bills; implementing driving prohibitions in cities; condemning cars before their time; making homes unfit to rent or sell—will be at the heart of the European elections next spring.

August 19, 2023
Europe’s Climate Consensus Is Unraveling  

Europe’s Climate Consensus Is Unraveling  

The European Union’s drive for ever more intrusive regulations to combat climate change are being met with resistance from member states. Despite the Commission’s best efforts to push the Green Deal, exorbitant economic costs and voter discontent has sparked a renewed interest in nuclear energy.

August 18, 2023
Gold, BRICS, and the Dollar

Gold, BRICS, and the Dollar

The upcoming BRICS summit next week will mark the beginning of a new era. But don’t count out the U.S. dollar just yet.

August 17, 2023
Balanced Budget or Small Government, Part II

Balanced Budget or Small Government, Part II

The only way for a government to be fiscally responsible is to transform government in the image of national conservatism. Hungary offers a good example of how to do it.

August 16, 2023
Balanced Budget or Small Government? Part I

Balanced Budget or Small Government? Part I

Europe’s conservatives want to be fiscally responsible, but they need to become bolder and address the root cause of government deficits and debt.

August 10, 2023
U.S. Downgrade: Expect More to Come

U.S. Downgrade: Expect More to Come

The U.S. government has suffered its second credit downgrade. Given the reaction from the Biden administration, we can safely predict: this is only the beginning.

August 9, 2023
Europe: Stop Falling Behind!

Europe: Stop Falling Behind!

Europe’s economy is falling behind America, and the gap is getting big. The reason is obvious, and so is the solution.

August 3, 2023
U.S. Economy Is on the Move

U.S. Economy Is on the Move

Good news! America has avoided a recession. But the Federal Reserve can still make one happen.

August 2, 2023
A Fiscal Crisis Hits America

A Fiscal Crisis Hits America

There is this notion that America will never face a fiscal crisis of the kind other countries have fallen victim to. This notion is dead wrong. Here is what an American fiscal crisis can look like.

July 27, 2023
Viktor Orbán and the Hungarian Economy

Viktor Orbán and the Hungarian Economy

The Hungarian economy has a lot going for it, but can it handle a big budget deficit and high inflation?

July 26, 2023
Why VOX Fails

Why VOX Fails

After decades of a culture war in which only one side has been fighting, VOX needed more than moderate poise and occasional rallies to turn things around.

Spain’s Broken Electoral Map

Spain’s Broken Electoral Map

Were the PP to govern now, it is unlikely that it would try to resolve the asymmetries of the Spanish system on display during these elections, especially with Núñez Feijóo at the helm.