Is Grexit even possible? It strikes me that the best Greece can do with a Drachma is to create a two-currency system, sort of like Cuba or Venezuela, or at best Argentina; countries whose politics the Greek government seems to admire, and whose economies its may soon resemble.
Some of what’s been in the news lately shows that the turbulent decade that was the 1960’s still has an effect on us — and may yet impact the 2016 election.
Charles Calomiris has a very interesting Forbes oped on Greece, with a much deeper insight. My proposal begins with government action to write down the value of all euro-denominated contracts enforced within Greece.
What makes today’s issues of cyber security different than any other threat we’ve faced as a nation? Co-director of Stanford’s Center for International Security and Cooperation and senior fellow at the Hoover Institution Amy Zegart lays out the five reasons cyberwar is a whole new world.
The Supreme Court’s 6-3 decision upholding the Obama administration’s interpretation of a critical provision of the Affordable Care Act was the rare judicial action that helped both Democrats and Republicans, at least in the short run.
Every once in a while, Paul Krugman writes a post that I find moving and, dare I say, endearing. He had one today titled "The Scale of Things (Personal and Trivial)." It is personal. I don't think it's trivial. I think it's profound.
In the end, Sunday’s referendum wasn’t close: 60% of Greeks voted “no.” It was an in-your-face message to the country’s creditors (largely the European Union, the European Central Bank and the International Monetary Fund) that Greece won’t be lectured on repaying debts or pension reform anymore.
After my 85th birthday last week, I looked back over my life and was surprised to discover in how many different ways I had been lucky, in addition to some other ways in which I was unlucky.
Hoover Institution fellow John B. Taylor says that Greece's best approach to its damaged economy is to radically change its economic policy in a pro-growth direction.
Criticizing the emerging nuclear deal between the P5+1 nations and Iran, Andrew Bowen, a senior fellow at the Center for the National Interest, argued that the agreement will come at the “expense of both Washington’s allies and the U.S.’ long-term strategic interests in the Middle East” in an analysis published Sunday on Al-Arabiya.
Welp. Here's a good Bloomberg TV interview with Yanis Varoufakis from last week in which he characterized a "no" vote in yesterday's referendum not as a vote against the euro, or even really against austerity, but against can-kicking.
As it careens from one crisis to the next, many see Greece -- and its prime minister, Alexis Tsipras -- as a rudderless ship careening aimlessly toward inevitable and total economic collapse.
From the presidential stage to California’s local political contests, it may be accused killer Juan Francisco Lopez-Sanchez, a Mexican citizen with a string of deportations and drug-related felonies in the U.S., who becomes this year’s Willie Horton and shapes the debate over illegal immigration.
ObamaCare's victory at the Supreme Court is putting new pressure on Republican presidential candidates to map out a replacement to the healthcare law -- a task that has eluded the party for more than five years.