Blog
The Bank Of England Breaks With Tradition, Only To Continue It
U.K. Chancellor of the Exchequer George Osborne’s selection for the new governor of the Bank of England (BOE) is a strong break with tradition.
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The Estonian Solution To America’s Fiscal Cliff: Cut Spending
Real austerity brings real growth. That’s the story of Estonia, which broke the common European mold of tax increase-based economic retrenchment by taking an axe…
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Italy Shoots The Messenger… And Its Legal System In The Foot
Italy’s legal system, already deeply unfriendly to business, has sunk to a new low this week. In the town of Trani, prosecutors requested to charge five…
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Austerity For Europeans, But Not For Europe
Some economists and political leaders demonize European austerity as “savage.” They say it will only deepen and prolong recession. They are right, but for the…
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“Status-Quo-ism” Of Italian Politicians Is Economically Perilous
Italian media report all sides of Italy’s political spectrum are calling for early elections. Unfortunately, that means a return of the unreformed Italian political class…
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On Halloween, Euro Politics Fit Right In
All the usual characters are present this Halloween night across the Atlantic. But European leaders doing the trick-or-treating aren’t getting the sweet sugar fix they…