The Myth of the Exploding Welfare State

Five years have passed since the advent of the current crisis, and while the beast has since morphed from a financial crisis into a confidence and debt crisis, some mantras have become so deeply engrained into our collective psyche after loud proclamations and endless repetitions that they feature is almost any discussion about the future […]

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Baked in and Wired: eDiplomacy @ State

Many foreign policy mandarins might not like or understand it, but the foreign policy operating environment is changing quickly. When in 2011 the Swedish Foreign Minister, Carl Bildt, was unable to get in touch with his Bahraini counterpart during the heat of the protest movement there, he opted to publicly shame him via Twitter. When General Electric was […]

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Is A Revolution In Economic Thinking Under Way?

Four years after the start of the Great Recession, the global economy has not recovered, voters are losing patience and governments around the world are falling like ninepins. This is a situation conducive to revolutionary thinking, if not yet in politics, then maybe in economics. In the past few months the International Monetary Fund, previously […]

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Silvio Berlusconi Is No Friend Of Germany. But His Clownish Appearances Turn Truly Destructive When Euroskeptics Succumb To His Lure.

Silvio Berlusconi, the flamboyant former Italian prime minister, does not love Germany. He made that blatantly clear during his last skit in Rome, when he appeared at a press conference to present a new book by Renato Brunetta titled “The Great Scam”. “Germany is a hegemonic state, not a country that acts in solidarity”, Berlusconi […]

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Hitler Who?

Germany shoulders much of the blame from the rest of the Eurozone. Instead of searching for fiscal solutions, many countries are retreating to stereotypes of the past. For four years, Europe has been trying to solve its financial difficulties. Those who hold political power – especially Germany and France – are attempting (with limited success) […]

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Old Europe Meets New

Europe has been reinventing itself since 1945, and last Monday yet another blueprint for the Continent was put forth. This one is a 12-page document from the foreign ministers of 11 nations after nine months of negotiations. Read Here – Christian Science Monitor

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U.S. Banks Ignore Europe’s Lesson On Greed

Four years after the collapse of Lehman Brothers Holdings Inc. and the near-total paralysis of capitalism’s central nervous system — the moment fear completely overwhelmed greed on Wall Street — we are starting to see a few glimmers of hope. The good news: Several big banks have finally started taking steps to reform Wall Street’s out-of-control […]

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