The recent report on 1st quarter U.S. GDP achieved something rare in the commentariat today: broad consensus that the economy is struggling. Of course it’s when consensus reveals itself that wise readers should be skeptical.
Hollande’s election leaves the European Union with three stark choices, none of which are good.
Obama wants to convince the American public that he's a new man -- an oil man.
It comes as some relief, then, that the next major Net policy battle will unite almost everyone in a common cause: stopping the United Nations from taking over the Internet.
By Isaac Getz read »
Is there something fishy about algae? Is it the revolutionary new fuel source opportunity the Obama administration represents it to be? read »
It seems to me that we are in an era where our postwar institutions, having become outdated and often corrupt, are gradually collapsing. This is true across our society, whether public and university education, social security, unions, pensions, the health care system, the financial system, big government in general, or even the suburban pattern itself. Things that used to work no longer work. read »
By Roger Bate read »
That’s the Stupid Premise of a Stupid New Book by an Anti-Republican Gadfly read »
Last Friday’s report by the Bureau of Economic Analysis (BEA) on its first estimate of 1Q2012 GDP growth produced considerable weeping, wailing, and gnashing of teeth, especially among supporters of President Obama. The BEA reported that real GDP grew at a 2.2% annual rate. This was lower than the 3.0% rate growth rate reported for 4Q2011, and much lower than would be “normal” for this point in a recovery from a severe recession. read »
