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Global Must Read Articles

November 24, 2008 | Keynes to the Rescue

Keynesian economics prevail in times of economic turmoil. ++ Britain should “expect plans for higher borrowing, tax cuts, and more spending in Monday’s pre-Budget statement.” ++ While economists and politicians differ on intervention policies, Keynes emphasized the importance of restoring market confidence and preventing recessions from becoming politically dangerous. ++ “In a depression, a

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September 24, 2008 | UK: Take Action, Cut Interest Rates

Unemployment in Britain will rise by 2 million by the end of the year. ++ Just last month 81,000 more British citizens were without jobs, causing the unemployment rate to rise from 5.3% to 5.5%. ++ Job activity is on a sharp decline. ++ Employers are not hiring, and unemployment among the youth is very high. ++ Unfortunately, the UK economy tends to follow the path of the US economy, simply six

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September 15, 2008 | Carbon Capture Must be Utilized

In reality there are no means by which to reduce our dependence on fossil fuels before 2050. ++ Therefore, Carbon Capture and Storage (CCS) stations are needed to control the amount of carbon that is emitted into the atmosphere. ++ The Group of Eight has endorsed this approach and must now act by building 10 to 20 such stations to test which methods are most secure and effective. ++ Britain must

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May 22, 2008 | Iranian Oil Could Loosen Russia's Energy Grip

Iran, which is the OPEC’s second’s largest exporter, has enough natural gas to alleviate Western Europe’s uncomfortable reliance on Russia’s energy exports. ++ Disputes over pipelines, political blocking, and current US sanctions on capital inflow into Iran stand in the way of exploiting this huge potential. ++ Much depends on the coming elections, both in the US and Iran,

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May 21, 2008 | Has British Multiculturalism Gone too Far?

Recent warnings of a “cold war” in parts of Britain where “separate communities live side by side…with poor communications across racial lines” have brought into question the wisdom of the British vision of multiculturalism. ++ Earlier this year, the archbishop of Canterbury asked if western countries could avoid making minorities choose between state and cultural loyalty. ++ Controversially,

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May 20, 2008 | Rebalancing Britain's Foreign Policy

UK Foreign Secretary Miliband believes Britain should no longer be “the bridge” speaking for the US in the EU, and in the name of its European neighbors in Washington. ++ Even if the US remains Britain’s most important bilateral partner, Britain belongs to Europe. ++ Strong and trustful transatlantic relations need to be established together with France and Germany rather than unilaterally. ++

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March 21, 2008 | Britain's Security Strategy Needs to be More European

Britain’s new US-style national security strategy (NSS) should provide for better risk assessment, more troops, and more funds. ++ Unfortunately, the NSS only makes casual reference to Europe and features a continuing belief in security autarky. ++ The NSS requires cooperation with EU members for manpower, resources, and especially to bolster Britain when addressing the Russian and Chinese

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February 7, 2008 | How do European and US Think Tanks Measure Up?

Ted R. Bromund of Yale University explains that liberal US think tanks (and their budgets) are expanding rapidly and notes that the Brookings Institution “has grown by 50 percent over the past two years.” Conservative American think tanks are not fairing so well, but when compared to similar European institutions, all American think tanks regardless of political affiliation appear wealthy. This

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Tina  Hoefinghoff
Tina Hoefinghoff
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