Political Economy Commentary

The New Russian Empire

It may not be a rebirth of the USSR, but Putin's vision of a Eurasian union could make Moscow the center of an economic powerhouse.

The Chinese Bubble's Slow Leak

Western observers anxious for some schadenfreude will be disappointed. China's housing boom won't bust.

How to Pay for Wars

The White House's proposal to discipline war spending is legislatively doomed and full of holes.

Bastiat and the Unemployment Rate

Drops in the labor-participation rate and dramatic changes in America's energy sector make the unemployment rate unreliable.

Keeping Canada Close

Rejecting the Keystone XL pipeline isn't in America's or Canada's interests. If Obama does so, Ottawa will cozy up to Beijing.

The End of the Nuclear Renaissance

Nuclear power is out. Solar power is in. What it means for politics in 2012.

Springtime for Merkel and Germany

Why Germany's position of power is raising doubts and fears across Europe. 

Bifurcating the Middle East

A new American strategy for the region: siding with the good guys. 

State of Fizzle

Obama's State of the Union was full of platitudes and fairy tales.

What Iranians Really Think

Recent polling and erstwhile supporters' criticism claiming that Iran's opposition movement has been tamed is based on some very flimsy evidence.

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May 26, 2012