Posted inPolitics

The Latest Act of Romania’s Drama

I’m in Bucharest, Romania speaking at a conference hosted by the European Ideas Network, which is a center-right think tank affiliated with the European People’s Party (the largest party in the European Parliament). Naturally, much of the discussion here is about the current challenges over the euro. Hundreds of people are in attendance, including several […]

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The Decline Whine

The US media has a long history of clucking snidely at Europe. Recently Time magazine added to a longstanding Euro-bashing tradition with an incendiary cover that blared “The Decline and Fall of Europe,” featuring a young London rioter dressed in a hoodie and glaring like a Tolkien wraith from the red flames engulfing the cityscape […]

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Labor Insiders vs Outsiders: The Challenges of Spain’s Labor Market

In Spain, coping with Great Depression-level unemployment that has broken through the psychological 20 percent barrier is a delicate matter. Tracing the meandering policy path of the Socialist government, which began with fiscal stimulus and then morphed into austerity, reflects the challenges. One of the factors bedeviling the government’s decision-making during this time has been […]

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The Obama Problem

Paul Krugman has a good piece in the New York Times, “The Centrist Cop-Out”, in which he challenges the media for its obsession over “balance” instead of pointing out how extreme the Republican Party has become, to the point of blackmailing the country over the debt ceiling. Writes Krugman, “Some of us have long complained […]

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