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The Democrats’ big fairy-tale campaigns

“And so, my fellow Americans: ask not what your country can do for you — ask what you can do for your country” —John F. Kennedy’s inaugural speech,January 20, 1961 Watching the Democrats’ presidential campaigns, it’s hard not to be struck by the huge gap that has opened up between Kennedy’s goal and what ordinary Americans now believe and practice. ...

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Macron is Salvini’s best friend really

Emmanuel Macron has marked out Matteo Salvini as his arch-nemesis in the fight against Europe’s far right. But his own actions are playing right into the hands of the most powerful person in Italian politics. The French president is preaching a pan-European agenda abroad, as he tries to win around Germany and other countries to his dreams for a more ...

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India, the world’s model central bank? Just maybe

India is becoming the gold standard for monetary policy in Asia, if not the world. While global markets are giddy from hints that the Federal Reserve may cut interest rates, India’s central bank has been easing since February. Just as important, the Reserve Bank of India has been very consistent in its message: Borrowing costs need to come down to ...

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