Tag Archives | euro
Fed Chairman Ben Bernanke testifies before Congress in 2011

Four Things We Got Right and Europe Didn’t

You hear it a lot in some circles: The US is heading down the same road as Greece, a basket case of an economy with huge debt and no hope.

And if we don’t address entitlement spending—primarily Medicare and Medicaid—our … More…

Antonis Samaras, leader of New Democracy

Greek Voters Step Back from the Brink for Now

It looks as if Greek voters have decided to go with the parties that created the mess their country is in.

New Democracy, a center-right party which along with the nominally socialist Pasok has governed the country throughout the financial … More…

Former Treasury Secretary Lawrence Summers at Davos in 2010

Keynesians Try Another Comeback

The economic philosophy of John Maynard Keynes had a brief revival after the financial crisis of 2008. Desperate politicians tried to save the global economy–and their own jobs–by launching stimulus plans to plug an “output gap,” the gaping hole that … More…

The Colosseum in Rome.

‘Bye ‘Bye Belgium, Arrivederci Italia

World stock markets rallied Monday on hopes that finally we will have a real solution to the European debt crisis.

European leaders, especially French President Nicolas Sarkozy and German Chancellor Angela Merkel, are discussing what The Wall Street Journal called More…

French President Nicolas Sarkozy in Davos 2011.

Euro Deal May Save Sarkozy’s Derri

Global markets are staging a huge relief rally after French President Nicolas Sarkozy announced a dramatic overnight … More…

President Sarkozy and Chancellor Merkel

Politicians Have Wrecked the Markets

On Friday, July 22nd, the Standard & Poor… More…

Where Liberals Failed

“To those who charge that liberalism has been tried and found wanting, I answer that the failure is not in the idea but in the course of recent history”—former Sen. George McGovern, (defeated) Democratic presidential candidate, 1972.

Liberalism has two … More…

Where Conservatives Failed

“The [Bush] aide said that guys like me were ‘in what we call the reality-based community,’ which he defined as people who ‘believe that solutions emerge from your judicious study of discernible reality.’

“‘That’s not the way the world really More…

HRGsignature

Who We Are and What We’re About

Independents are the largest political bloc in the US, but our views occupy only a small part of the national conversation.

Why? Because cable news and the blogosphere—the principal public outlets for political discourse in this country—are sharply polarized between … More…