Hope springs eternal among policy makers in Europe’s beleaguered periphery. At five minutes to midnight in Athens, and with a bank run having started in Madrid, these policy makers cling to the forlorn hope that somehow Germany is going to relent on its strong opposition to euro bonds.

America's version of capitalism has been much more dynamic than Europe's. Why don't Obama and Romney debate that?

Saturday’s NYT had a piece bylined by James Risen about the Ghosts of Iraq Haunting CIA in Tackling Iran. It’s a Captain Obvious story in conception.

The Financial Times’s Ed Luce has a largely incomprehensible column on the witches’ brew of Iran, Barack Obama, Israel, and the Republicans in today’s paper. Starting off coherently, Luce notes that 2012 may be the “year of Iran,” if Tehran achieves nuclear capability,...

There are new twists to in the ever-entertaining faux debate over the dangers of shale gas. The New York Times, which turned obscure Cornell University marine ecologist Robert Howarth into an anti-fracking rock star in its questionable spring series on shale gas, and got hammered for it by its own public editor—I‘ll take some of the credit—is finally getting on the science bandwagon.

The time is coming for Romney to get angry, very angry, with what is increasingly, quaintly called "the mainstream media."

The American economy is experiencing a crisis in long-term unemployment that has enormous human and economic costs.

The past two weeks of turmoil and drama in Sino-American affairs may well be the new normal, not an exception to an otherwise placid bilateral relationship. While Friday brought news of a possible deal allowing dissident Chen Guangcheng to leave China to study in America, that deal is no more certain than the earlier, failed deal, announced just days before