A recent article in the Financial Times showed that French and German schoolbooks demonize enterprise. As the article … Continue reading “Shocking research on continental European economics teaching”

As I wrote in a recent article (Capitalism and Democracy), despite decreases in global inequality because of economic … Continue reading “The End of Inequality”

I had the pleasure of listening to my good friend Einat Wilf (www.wilf.org) speak on the future of … Continue reading “Einat Wilf, Danny Gillerman and Israel”

I recently came across an article entitled “How Capitalism is Killing Democracy” by Robert Reich. The article is … Continue reading “Capitalism and Democracy”

Last February I blogged about how excess petrodollar liquidity was creating bubbles all around the world and how … Continue reading “A Different Perspective on the Global Economy”

It occurred to me a year ago that Bloomberg would make a great president. He has been a … Continue reading “Bloomberg for President”

Tony Blair is probably the most gifted politician of his generation. He is smart, open minded and a … Continue reading “Read Tony Blair’s essay in The Economist”

By most measures these are the best of times. We live longer, healthier lives than ever before. Our … Continue reading “Fear and uncertainty in the time of prosperity”

I just came across a book written about a 45 year old Frenchman. He owns a large studio … Continue reading “Only in France!”

Despite the fact that quality of life is actually very good in France, there is clearly a French … Continue reading “The French Presidential Election”

Regardless of where you stand on immigration, demographic shifts in Mexico will render the issue meaningless in the … Continue reading “The Immigration Non-Issue”

Before I begin, let’s start with a few basic macro-economic foundations. A country can either control its interest … Continue reading “What’s going on in China: An introduction to macro-economics”

If you were an economist arriving from Mars and looked at capital flows around the world, you would … Continue reading “Macro Perspectives on Global Liquidity: How Chinese Farmers and Oil Sheiks are Subsidizing American Consumption and its Implications”

Global warming seems to be on the mind of many these days. There is no denying that the … Continue reading “A different perspective on global warming”

Turn the pages of any paper covering foreign policy and it is easy to become depressed about the … Continue reading “The Geo-Political Landscape: The Perspective of an Optimist”