It’s Global Warming, Stupid

Yes, yes, it’s unsophisticated to blame any given storm on climate change. Men and women in white lab coats tell us—and they’re right—that many factors contribute to each severe weather episode. Climate deniers exploit scientific complexity to avoid any discussion at all. Clarity, however, is not beyond reach. Hurricane Sandy demands it: At least 40 […]

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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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Trouble for Tokyo: Japan’s Foreign Policy Challenges

Officials in Tokyo have known for some time that Japan’s regional foreign policy needs to be revamped. The economic crisis has brought Japan’s export giants to their knees and forced the country’s economy to look at different ways of conducting business. Moreover, the nuclear crisis in Fukushima last spring further intensified Japan’s already acute energy […]

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Berlin Unsure about a Possible President Romney

Germans have long since made up their minds about Mitt Romney. Only 5 percent would give him their vote if they had one, they say. The result of the most recent poll by Forsa is far from surprising. When America votes, the German heart traditionally beats for the Democratic candidate. To many, the Republicans are […]

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The Crisis That Dare Not Speak Its Name

In a campaign dominated by serious domestic policy concerns, perhaps it’s no surprise the only person asking the presidential candidates about the greatest threat to global financial stability is a comedian. Until Tonight Show host Jay Leno raised the European debt crisis with President Barack Obama last week, the Eurozone was almost completely absent from the presidential […]

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Leadership Change In A Cloak-And-Dagger China Will Probably Have Greater Impact On The World Than That In The US

Two historically momentous events will unfold in the next few days. The Americans will decide who will run their country for the next four years, and the Chinese Communist Party will bring in a new leadership that would be responsible for shaping the world’s second-largest economy for the next decade. While there is little similarity […]

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Admit Economic Ignorance

It is time for economists to admit that they are stumped. Four years after being blindsided by Lehman Brothers’ collapse, the profession is still stumbling in the dark. Policymakers and pundits still make confident pronouncements, but the conclusions are radically different. The expert disagreements give away the truth: ignorance reigns. Read Here – Reuters

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Ocean-grabbing ‘threatens world’s fisheries’: UN

Big fishing concerns are engaged in “ocean-grabbing,” plundering the seas while scoffing at the environment and local interests, the UN’s food watchdog said on Tuesday. In exceptionally sharp words, the United Nations’ special rapporteur on food, Olivier de Schutter, said the interests of smaller fishermen, local communities and sustainable fishing were threatened by long-distance, industrial-scale […]

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From the Failed Mongol Invasion of Japan to Cyclone Nargis, Six Storms That Changed the Course of History.

Hurricane Sandy’s pummeling of the eastern United States has already thrown the presidential campaign off course and disrupted early voting in several states, but could she be the deciding factor in this election? Political scientists have found that bad weather on Election Day typically benefits Republicans, but how much Sandy will affect voter turnout on November 6 remains a mystery. […]

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