William Ratliff, a research fellow at the Hoover Institution and a research fellow at the Independent Institute, discusses Cuban president Raul Castro's reforms, which include privatizing restaurants and small shops, liberalizing employment laws, and allowing farmers to sell excess produce in demand-oriented markets.

Germany’s financial dominance may be worrisome, but is it a threat to European peace?

There can be no "solidarity" without a loss of national greatness.

Michael Spence, a senior fellow at the Hoover Institution and the Philip H. Knight Professor Emeritus of Management in the Graduate School of Business at Stanford University, discusses, with Maryam Nemazee on Bloomberg Television's The Pulse, investing in emerging markets and Western Europe and the outlook for the US and European economies in 2012.