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The Long Road to Recovery

Mon, 05 Jan 2009 06:00:00 GMT

The incoming Obama administration should keep in mind that, in geopolitics, things are seldom as bad or good, easy or hard, as they appear at close range. A swath of Asia stretching from Pakistan and Afghanistan west to Iran and Iraq will likely require the most attention.

Seat Roland Burris

Wed, 31 Dec 2008 06:00:00 GMT

Blagojevich's selection of Roland Burris to fill the Obama senate seat was a shrewd tactical move legally and politically. And Roland Burris should be seated, not for those political reasons but because that is what is called for by law.

Time for a Choice — Not an Echo

Tue, 30 Dec 2008 06:00:00 GMT

The Republican leader is drawing a clear line in the sand. Okay, good. But the GOP has got to do more. It must start talking about tax cuts to grow the economy. And it must get back to the supply-side by talking about lower marginal tax rates on individuals, businesses, and investors.

Putting Congress to the Test

Mon, 29 Dec 2008 06:00:00 GMT

Every legislator need not be a genius, but I'd like mine to be smarter than the average person in the supermarket or laundromat.

Malthus And Scrooge

Thu, 25 Dec 2008 06:00:00 GMT

Dickens, I think, saw it first. Ebenezer Scrooge was clearly a Malthusian. When he turns away an opportunity for alms giving, he uses the zero growth rationale.

Even Keynes Wouldn't Like This Bailout

Tue, 23 Dec 2008 06:00:00 GMT

The conventional wisdom on the current financial crisis is that macroeconomic theory has little to say. I am not sure where this idea originated, but there is much that can be explained from existing theory especially in regards to policy.

Cave Man Bush

Mon, 22 Dec 2008 06:00:00 GMT

George W. Bush has come full circle. He started his public career as the beneficiary of a government bailout, and he ends it as the benefactor of another a thousand times it size.

Romney for Car Czar?

Fri, 19 Dec 2008 06:00:00 GMT

With the auto bailout all but dead in the Congress, the White House has one last chance to send Detroit relief in a manner supported by a clear bipartisan majority of lawmakers.

Zimbabwe: The Nightmare Must End

Tue, 16 Dec 2008 06:00:00 GMT

The costs of Mugabe's illegitimate reign are not only political repression and human rights abuse. Once prosperous Zimbabwe is crumbling and for many it is in a free fall toward catastrophic collapse.

Shock-and-Awe Easing

Tue, 16 Dec 2008 06:00:00 GMT

In a monetary version of shock-and-awe, the Federal Reserve unleashed a massive easing move with its FOMC policy announcement Tuesday — one that represents a sea change in central-bank operations.