Europe

Better Ideas for the Economy

Better Ideas for the Economy

Most Western countries are experiencing a revolt against the intellectual and political elites who have governed nations, the media, academia and central banks for as long as most adults can remember. While the country-specific details vary slightly, the common wisdom...
Last Folio

Last Folio

This post is a collection of reflections occasioned by seeing my old friend Katya Krausova in Washington next week (weather permitting). I met Katya in the fall of 1968 when she, as a member of the first group of Czechoslovak students allowed to travel to the West...
The Next Black Swan

The Next Black Swan

It has now been almost seven years since the world went through its last financial meltdown, or Black Swan, and from sixty-eight years of personal observation, it’s about time for another one, because they always eventually happen, no matter what the elites and the...
Will We Follow Europe Into the Abyss or Pull Back?

Will We Follow Europe Into the Abyss or Pull Back?

If you were in a line of fast moving cars running in and out of fog and suddenly the fog parted and you could see that the bridge ahead had just collapsed, and that cars were falling into the deep canyon, would you continue to speed forward because you enjoy how your...
The Marshall Plan vs. Obama-and-Out

The Marshall Plan vs. Obama-and-Out

Last weekend I attended a Marshall Scholar event in Washington.  The Scholarship was establishd in 1954 by the British government as a thank you to the American people for the Marshall Plan after World War II. On Sunday I walked down to the World War II Memorial....