Last time we reported on Japan’s lingering in economic trouble, we identified decades of government interference as the cause of much of the country’s modern-day hardship. With the Democratic Party in power after years of Liberal Democratic leadership, there was reason to hope that the former would undo part of the Keynesian measures the latter […]
The United States Senate sets to vote on a health-care bill over Christmas this Tuesday after what have been months of fierce political debate. As the opposition warned of “socialized medicine” and “death panels”, public support for “Obamacare” and the president himself understandably plummeted. Although America’s health care is among the most expensive yet one […]
“Deadly labor wars hinder India’s rise,” wrote The Wall Street Journal last month. In spite of Prime Minister Manmohan Singh’s efforts to reform India along free-market lines, the country’s long history with socialism continues to keep it from truly embracing capitalism. Battle lines are being drawn in labor actions across India. Factory managers, amid the […]
It’s not good to be rich in Britain. One is properly punished there for making too much money as becomes a welfare state. From every Briton that earns over £150,000 (or $243,000) a year, the government takes half of that in income tax. The well-off now face a further cut to tax relief on their […]
While the revelations of “Climategate” are still making headlines and world leaders meet in Copenhagen to discuss global warming, slowly but steadily more and more commentators are questioning the dubious qualities of environmentalism. Indeed, some are comparing it outright to totalitarian ideologies of the past. Charles Krauthammer, writing for The Washington Post, quoted Czech president […]
The Spanish government refuses to make much-needed reforms.
The former presidential candidate believes the West has to do “both” capitalism and socialism.
