Recent Posts

Put Congress on a travel budget

Responding to revelations of the Trump administration’s luxe travel habits, which have already cost one cabinet secretary his job, the House government oversight committee has opened an investigation. That scrutiny should apply to members of Congress and their staffs as well. By its own accounting, Congress spent 27 percent more on foreign trips last year than it did in 2015. ...

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Missing piece of global growth jigsaw starts to fall into place

A missing piece in the global growth jigsaw appears to be falling into place. Spurred by higher profits and buoyant stock markets, some of the world’s best known companies from Amazon.com Inc. to Volkswagen AG are ramping up spending on new plants and equipment after years of caution. For an international economic expansion already gathering speed, that could prove a ...

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Italy’s new electoral law isn’t ‘Five Star’

After months of wrangling, the Italian parliament has finally passed a new electoral law. The new rules will make it much harder for the anti-establishment Five Star Movement to come to power. They will not, however, give Italy the stability it needs to escape the low-growth trap. The law is a complex combination of first-past-the-post and proportional representation. Any party ...

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