In my column for CNN, I discuss what sort of bailout Europe will need when it finally confronts the full scale of its debt crisis:
It’s been obvious for some time now what has to be done to avert the bank run: a European Super TARP, a version of the Troubled Asset Relief Program that was   more

Did James Hoffa Jr., President of the Teamsters, cross a line when he said he wanted to “Take Out” the Tea Party? In my column for The Week I try to provide a bit of context for the remarks:
The Teamsters have a reputation as one of America’s less delicate unions. Some say that reputation is   more

Imagine that the UN General Assembly voted last month – as opposed to next month – to recognize a state of Palestine. What would the world look like this morning, in the wake of the deadly terror attacks in southern Israel?  more

In my column for CNN, I explain why Rick Perry’s record on job is both his greatest strength and weakness:
Gov. Rick Perry enters the presidential race with one big advantage and one big impediment. The advantage: his record of job creation in Texas. His impediment? His record of job creation in Texas.
Through two years of   more

This is the week that the U.S. presidential race got serious.
The joke candidacy of Donald Trump has crashed and burned. The early assumption that Barack Obama would enjoy an easy “morning in America” re-elect has also crashed and burned. After the market turmoil this week and after Texas Governor Rick Perry’s expected entry into the   more

In my column for CNN, I discuss some of the reasons why very few companies are currently hiring:
Even if we avoid a second recessionary dip, we’re stuck on a very, very disappointing path. Call it the 1936 parallel.
From 1933 to 1936, the U.S. economy grew strongly, almost 10% a year. When supporters of President Franklin   more

My column in today’s National Post expresses worry whether Canada’s relative prosperity can continue to survive global economic turbulence:
Canada increased its exports by $26.7-billion in 2010 over 2009. Almost 80% of that increase was driven by sales of automotive products into the U.S. market.  more

In my new column for The Week I discuss who has lost the most in the new debt deal:
The first and most obvious loser: National security.
The economist Herb Stein used to advocate a simple model of federal budgeting:
a) Decide how much it costs to defend the country.
b) Pay for it.
c) Then see what else you   more

In my CNN column, I write about the five major mistakes President Obama has made in his handling of the debt-ceiling debate and the economy.
If the debt ceiling crisis were a movie, President Barack Obama would deserve an Oscar for his performance in the role of “the last reasonable man.”
But of course the crisis is   more

In my column for The Week, I write about how even wasteful government spending is better then no spending at all:

Government spending is often wasteful. But it’s still spending.
When the Department of Waste, Fraud & Abuse buys toothpicks for the office cafeteria, that money is received by somebody. The recipient then buys other goods and   more

The GOP is demanding unconditional surrender on the debt ceiling, just like it did on healthcare  more

If worse comes to worst, here’s a question that few in Washington are asking: What will a U.S. default mean for Canada?  more

The economy is currently very weak, but as I write in my column for The Week, there are some signs of good news.  more

In my column for The Week, I argue that Democrats can get a deal on the debt ceiling if they offer to bring back to the Bush tax cuts.  more

One of the remarkable things about Conrad Black’s trial is that even his fiercest detractors are paying tribute to the man’s character.  more

A hero of the Entebbe raid was threatened with arrest in the UK. So was a former Israeli Foreign Minister. Their alleged crimes? Doing their duty to protect their country.  more

We’re not talking about commercials, separated from editorial content. Heritage Foundation work is embedded into the editorial flow of Limbaugh’s show.  more

Politicians are jockeying for position as the bill comes due on our gaping national debt. But without an agreement soon, we’ll all be stuck with the check.  more

Two slick new ads attacking Jon Huntsman and Tim Pawlenty as reasonable moderates show just how divorced from reality today’s GOP is.  more

Holding the geopolitical equivalent of a pair of twos and a pair of threes, the Palestinian Authority President has bluffed and bullied Obama into an awkward predicament.  more