Mario Draghi is not a household name outside of a few European countries, and yet what he did or didn’t do had the potential to wreak havoc worldwide. The MIT-educated Italian economist, who headed the European Central Bank (ECB) for eight years until October 31, left his post after announcing measures that could damage...
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Kyriakos Mitsotakis, Greece’s new prime minister promises free-market reforms and is challenging Europe and the IMF on the issue of taxes.
Spain, the Eurozone’s fourth largest economy, has been without a real government since October, when the campaign for a general election kicked off. After an inconclusive result, the country was left in political limbo. That status will change soon due to last week’s elections, which produced a clearer outcome. Without an effective government, Spain...
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Austria’s far right candidate, Norbert Hofer, has lost the second round of the election for the presidency by a mere thirty thousand votes to Alexander Van der Bellen, a former Green Party leader. Europe has breathed a sigh of relief, but the stunning success of the nationalists, who won the first round and caused...
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Our global political masters met in Germany this week: see how green they are? They’re walking ... in a field: can’t get any greener than that! And, as usual, they are coming up with the definitive solutions to the greatest threats of today: the end of the use of fossil fuels—in 85 years. No...
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News reports on Tax Day suggest that the European Commission wants to nail Google Inc.’s scalp to the wall as punishment for committing alleged antitrust (competition) law violations. At issue is the way in which the company assigns priorities to the links consumers see when they “google” generic search terms like “booksellers”, “cameras”, and...
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As the culture wars intensify in America, let’s consider some of the roots of these contentious conflicts. With the “Age of Enlightenment” of the 17th and 18th centuries, a “modern” narrative was invented to explain the history of the West, the wider world, and humankind’s place in the universe. This narrative claimed that liberty,...
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One by-product of the Paris terrorist attack on Charlie Hebdo was an outpouring of support for freedom of speech. While there was general agreement that the magazine’s content has been, beyond a doubt, offensive to some (and not only Muslims), almost everyone agreed that freedom of speech is a fundamental right that should be...
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... is that you know who your enemies and opponents are. They will speak out against your ideas, your actions, or maybe just you on a personal level. One reason we value these freedoms is that they help make those in power accountable. Those who disagree with particular policies or actions can say so...
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This Christmas marks the 100th anniversary of the spontaneous “Christmas Truce” created by trench-warfare soldiers of World War I. All along the European front, soldiers lay down their arms on Christmas day, and took the chance that those on the other side would join them in observing their common holy day: A German soldier,...
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