May 15, 2012, Nobody should be surprised if voters also give Angela Merkel and David Cameron the boot at the next ballot. By BRET STEPHENS Readers presumably understand that Europe’s economic crisis is also the crisis of social democracy—of the idea that markets must be made to co-exist with high levels of taxation, regulation, unionization, […]
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THE TELEGRAPH The single currency is close to collapse With Europe on the brink of a disaster, the euro must be reconstituted as an entity based on economic reality, not ideological folly. Crisis: the Franco-German partnership which lies at the heart of the European project is fracturing as never before Photo: AFP By Telegraph View 21 Oct
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SEPTEMBER 9, 2011 An economic shock from abroad is the last thing that the U.S. economy now needs. By DESMOND LACHMAN EXCERPT FROM THIS ARTICLE:A European failure to contain its debt crisis would be a monumental electoral setback for Mr. Obama. This is not just because Mr. Obama’s governing and economic philosophies are closely associated
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IMPRIMIS – HILLSDALE COLLEGE July/August 2011 Václav Klaus President, Czech Republic The Crisis of the European Union: Causes and Significance Václav Klaus, the president of the Czech Republic, spoke to friends of Hillsdale College in Berlin during Hillsdale’s 2011 cruise in the Baltic Sea. The speech was delivered at Berlin’s Hotel Adlon on June 11, 2011. As
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blogs.the-american-interest.comhttp://blogs.the-american-interest.com/wrm/2011/08/18/european-crisis-deepens/ European Crisis Deepens | Via Meadia The bad news just keeps coming. Coming close on the recent revelation that economic growth is slowing faster than expected in France and Germany, British labor figures have disappointed forecasters and it seems that Greece is heading for yet another recession despite optimistic predictions to the contrary. A familiar
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IrishTimes.com DAN O’BRIEN Sat, Aug 06, 2011 ANALYSIS: LAST WEEKEND the world’s attention was on Washington DC as America’s politicians peered into the abyss of sovereign default. On Sunday they stepped back. This weekend attention is on Rome and Madrid. Politicians in those two capitals are sliding towards the same abyss. But there is a
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AUGUST 5, 2011 Stocks Nose-Dive Amid Global Fears Weak Outlook, Government Debt Worries Drive Dow’s Biggest Point Drop Since ’08 By TOM LAURICELLA Stocks spiraled downward Thursday as investors buckled under the strain of the global economic slowdown and the failure of policy makers to stabilize financial markets. The selling began in Europe and continued
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Neil Reynolds With government spending, virtue hath its own rewards NEIL REYNOLDS | Columnist profile | E-mail From Monday’s Globe and Mail Published Monday, Jul. 25, 2011 2:00AM EDT In 1900, the governments of the world’s most advanced economies taxed and spent, on average, 10 per cent of respective GDP each year. By 2000, they
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