Europe’s Suicidal Green New Deal

Europe’s Suicidal Green New Deal

The American version of the Green New Deal included some subsidies for inefficient wind and solar, but it was largely just a marketing gimmick for a big expansion in the burden of government (everything from Medicare for All to student...
Hopes and Fears for 2025

Hopes and Fears for 2025

As usual (2024, 2023, 2022, 2021, 2020, 2019, 2018, etc), let’s start the year by listing three things I’m hoping for and three things I worry may happen. Let’s start with the good things that hopefully will happen this year....
Part III: Another European Fiscal Crisis?

Part III: Another European Fiscal Crisis?

In April of 2023, I wrote about the fact that there is more spending and more debt in the PIGS (Portugal, Italy, Greece, and Spain) compared to levels before the last European fiscal crisis. In December of 2023, I wrote about the growing burden of...