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Analysis and Commentary

A Thanksgiving Lesson

by Bruce Thorntonvia FrontPage
Thursday, November 22, 2018

Thanksgiving Day used to be one of our most cherished civic holidays. On that day we celebrated our history, our faith, and our Republican government. In the stories told on that day, we acknowledged that though we are people whose touchstones are inalienable rights that no government bestows and no other human can take away, we are still a people of community and traditions, part of what G.K. Chesterton calls the “democracy of the dead.” 

Analysis and Commentary

Europe’s Crises Conceal Opportunities To Forge Another Path

by Timothy Garton Ashvia Financial Times
Wednesday, November 21, 2018

If hopes were dupes, fears may be liars. At the moment, there are thunderstorms across Europe, from Brexit to Ukraine and from Polish populism to Italian euro-defiance. Yet several of these crises contain their own hidden opportunities. Another Europe is possible.

Analysis and Commentary

19th Century France Was More Free Trade Than Britain

by David R. Hendersonvia EconLog
Wednesday, November 21, 2018

The quotes that follow are from “Conversations with Tyler: John Nye.” I’ve enjoyed a huge percent of these conversations between Tyler Cowen and various people. But this is by far my favorite for the insights of the guest. The whole thing is well worth reading.

In the News

Putin Critics Rejoice At Russia's Defeat In Interpol Presidency Bid

quoting Michael McFaulvia CNN
Wednesday, November 21, 2018

Opponents of Russian President Vladimir Putin gave a collective cheer Wednesday, after Kim Jong Yang of the Republic of Korea was elected the new president of the international police agency Interpol at a meeting in Dubai.


Expel Russia From Interpol, Former U.S. Ambassador Michael McFaul Suggests Ahead Of Election

interview with Michael McFaulvia CBC Radio
Tuesday, November 20, 2018

Hoover Institution fellow Michael McFaul says he is "appalled" at the prospect a Russian could soon be president of Interpol, arguing the country should instead be kicked out of the international policing organization.


The Mad, Mad Meditations Of Monsieur Macron

by Victor Davis Hansonvia National Review
Tuesday, November 20, 2018

Almost everything French president Emmanuel Macron has said recently on the topic of foreign affairs, the United States, and nationalism and patriotism is silly. He implicitly rebukes Donald Trump for praising the idea of nationalism as a creed in which citizens of sovereign nations expect their leaders to put the interests of their fellow citizens first and those of other nations second. And while critiquing nationalism, Macron nonetheless talks and acts as though he is an insecure French chauvinist of the first order.


The Brexit Mess Calls For A Tory Henry VIII

by Niall Fergusonvia The Boston Globe
Monday, November 19, 2018

“A failure of British statecraft on a scale unseen since the Suez crisis.” You might think former United Kingdom Transport Minister Jo Johnson’s parting shot at Prime Minister Theresa May stands a fair chance of attaining immortality in the British history exams of the future. Martin Wolf of the Financial Times attempted the question. “Comparisons with the 1956 Suez crisis do not get close to the mark,” he opined last week. “This is a far more significant mess than that.”

Analysis and Commentary

The ECB Should Extend Its Bond-Buying Programme

by Melvyn B. Kraussvia Financial Times
Sunday, November 18, 2018

The European Central Bank is signaling that it intends to end its €2.5tn quantitative easing programme next month. Mario Draghi, ECB president, made that clear at the bank’s monthly meeting in October. Yet the recent eurozone growth numbers were the weakest since 2014. The danger for the ECB is that it will have to start QE up again soon after ending it.


Socialism’s Empty Seduction

by Charles Calomirisvia CNS News
Friday, November 16, 2018

The overarching message of “The Opportunity Cost of Socialism”—a study recently released by the President’s Council of Economic Advisers (CEA)—is that the advocacy of socialism cannot reasonably be based on policy preferences; its attraction has always been grounded in a combination of wishful thinking and ignorance. 


Martin Feldstein: Famed Harvard Economist Warns Of Brexit Spillover From Clash

interview with Martin Feldsteinvia Fox Business
Thursday, November 15, 2018

Hoover Institution fellow Martin Feldstein discusses Brexit concerns.