The IMF has become little more than an abettor of bad policymaking. To avoid the next meltdown, the IMF must become a global advocacy group. Diplospeak is out; punchy prose and clear policy recommendations are in.
Private greed, poor management and inept oversight combined to create our current financial disaster. The U.S. government made error after error before and after the meltdown. To course correct, Obama must, above all, promote entrepreneurship.
One doesn’t need to be a Russian domestic radical or a foreign Russophobe to see major flaws in the way Russia is ruled. The population, however, is satisfied with the status quo...for now.
Obama has become George W. Bush. By asserting that a nuclear Iran is unacceptable and jockying with the Israelis we are being led by the nose into war. The Israelis are using fear on Iran as a bargaining chip over settlements in Palestine.
The president has a lot on his plate: Iraq, the Middle East peace talks and China's rise. So why is his national security adviser concerned about export controls?
As the Great Recession gnaws at our very belief in the ability of capitalism to raise us to ever-escalating levels of wealth and prosperity, Keynes's no-longer-viable financial prescriptions are being resurrected.
The Obama administration has finally decided to do something about climate change. Yet the assumptions of environmental policy are informed by a flawed morality that has all the religious hallmarks of sin and guilt.
