The people of Britain are poised for one of the biggest decisions in our history. In 2017, while the rest of Europe celebrates the 60th anniversary of the Treaty in…
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The European Union is facing a truly terrifying array of crises. After prolonged euro and sovereign-debt crises polarized and radicalized the continent, creating a deep north-south rift, the arrival of…
“If the facts don’t fit the theory, change the theory,” goes the old adage. But too often it is easier to keep the theory and change the facts – or…
The rising crescendo of bickering and acrimony within Europe might seem to outsiders to be the inevitable result of the bitter endgame playing out between Greece and its creditors. In…
In summarizing the results of last year’s parliamentary elections in Poland I briefly mentioned that “the rule of Catholic conservatives might stand in opposition to respecting the rights of women…
Until a few weeks ago, Europeans believed they lived in a kind of sanctuary, insulated from the world’s current conflicts. Certainly, the news and images of drowned migrants were dreadful;…
In 2014, the world economy remained stuck in the same rut that it has been in since emerging from the 2008 global financial crisis. Despite seemingly strong government action in…
The recent European Parliament election results revealed a reality that is uncomfortable and challenging both politically and socioeconomically. At the political level, we are witnessing in practice the rise of…
If Christine Lagarde is serious about greening the European Central Bank, she must not hide behind its mandate.
In Central Europe, and Slovakia in particular, the current refugee crisis reveals an awful lot about the prevailing public mind-set and the nature of our political elites. Few of these…
Macroeconomic data from the world’s advanced economies can be mystifying when viewed in isolation. But when analyzed collectively, the data reveal a troubling truth: without changes to how wealth is…
The Republican presidential aspirant nominated at this summer’s convention is likely to become that party’s nominee in part by invoking jingoist and xenophobic themes drawn from the playbooks of eastern…
When Adam Smith was 22, he famously proclaimed that, “Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism, but peace, easy…
It’s indeed rare but not unusual for voters to get rid of their political elites. Many western democracies now find themselves in a phase in which deep distrust towards the…
In all major economies, the so-called productivity puzzle continues to perplex economists and policymakers: output per hour is significantly lower than it would have been had the pre-2008 growth trend…
The recent social democratic playbook is depressingly familiar: first, campaign on a demand stimulus and/or an end to austerity. Second, upon winning (usually by the narrowest of margins), suddenly discover…
Marissa Mayer tells us a lot about why Americans are so angry, and why anti-establishment fury has become the biggest single force in American politics today. Mayer is CEO of…