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BRUSSELS--This ought to be a moment of great triumph for Europe and America together. Instead there is mutual disenchantment. On May 1 the European Union accepted 10 countries--most of them remnants of the Soviet empire--into membership. The EU is now a...
If we expect to solve our debt and deficit problems, we must eventually face the fact that the major entitlement programs must be on the table. That includes Social Security, Medicare, and Medicaid.
As global stock markets tumbled over the last few trading days, pundits fell all over each other to assign blame. Not only can the finger-pointing be diverting--and perhaps politically advantageous--but it is natural to search for reason and understanding in such a harrowing time. The problem is a surfeit of suspects.
Yogi Berra might say regarding a typical emergency room today, "Nobody goes there anymore; it's too crowded."
Review of The Good Life and Its Discontents by Robert Samuelson.
Evenwhile facingharsh press,Obama still finds support--a lookat the dynamics of his success.
Public and elite opinion now consists of a mix of anger at the Chinese regime for its corruption, inequality, and brutality; national pride; and aggrieved nationalism.
Free trade is alive and well among economists.






