What Austerity? France, Spain Don’t Cut But Tax
The two European countries are raising taxes without reducing government spending.
Opinion
Miliband Repudiates New Labour at His Party’s Peril
A Labour Party that lurches to the left will lose the confidence of Britain’s middle-class voters.
Obama, Romney Unfairly Berate “Unfair” Chinese Trade
Trade successes don’t seem to deter either candidate from chastising the Chinese.
Singh, Zardari Deserve Admiration for Détente
The leaders deserve praise for at least keeping India-Pakistan dialogue going.
Netanyahu’s “Red Lines” Are Unacceptable
Defining limits for Iran’s nuclear program wouldn’t reduce the chance of war at all.
No Mirage: American Energy Boom Coming
There’s little reason to be skeptical about the boom in American oil and gas production.
“General Motors is Alive”, But at What Cost?
President Obama saved jobs, but business confidence is fading.
Federal Reserve Chief Says Monetary Stimulus Worked
Ben Bernanke insists that printing money has been “economically meaningful.”
United States Will Leave Afghanistan in Turmoil
American withdrawal will leave the Central Asian country in a perfect mess.
Who Cares About American Energy Independence?
The goal of Mitt Romney’s energy policy is misguided. His way of getting there is sound.
We Didn’t Start the Fire: Stop Blaming Sykes-Picot
The 1916 treaty between Britain and France can’t account for Syria’s problems altogether.
Paul Ryan’s Budget Plan is Far from Radical
The Wisconsin congressman’s plan doesn’t balance the budget before 2040.
Obama’s Reluctance to Intervene in Syria Isn’t Puzzling
The president’s unwillingness to antagonize China and Russia is perfectly justified.
A Clarion Call for Change in Afghanistan
The prospects for Afghanistan following a Western military withdrawal are bleak.
Did Glass-Steagall Produce Sixty Years of Prosperity?
That’s giving too much credit to one law.