Politics

Prosperity Index Shows That Democracy Still Works Best

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With the Cold War well behind us, the real choice between systems lies in a growing variation in the form of capitalisms. Choices now range from the Chinese Leninist model – essential centrally planned exploitation of the greed gene – to various kleptocracies, divergent Anglo-American systems and varied forms of European capitalism.

None of these systems are likely to excite the most rabid Hayekian, especially now that the once free market haven Hong Kong is being integrated into the Chinese command and control system. But still, according a new study by my colleagues at the Legatum Institute, when it comes to delivering the best economic environment for people and families various forms of liberal capitalism still perform best.  read more »

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Shifting Voter Demographics: America is a Different Country

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As we head to the unpredictable 2010 elections, many pundits have been left scratching their heads and admitting that they really have no idea how this election is going to turn out. Nate Silver, today’s most careful analyst of election statistics and forecasting, examined a variety of indicators and concluded that there were more closely contested and hard-to-predict congressional races this election than ever before.  read more »

Portland's Runaway Debt Train

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Tri-Met, the operator of Portland's (Oregon) bus and light rail system has been in the news lately, and in less than auspicious ways. For decades, the Portland area’s media – as well as much of the national press – has been filled with stories about the national model that Tri-Met has created, especially with its five light rail lines.  read more »

A Price on Carbon: the New Greenmail

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Hidden from view during the Australian election, a carbon price is back on the political agenda. This comes as no surprise. Anyone following the debate, however, will see that it has nothing to do with the environment. For some time we have been urged to “act now”, but the grounds keep shifting and changing. Early on it was the drought. Then the Great Barrier Reef. After that the Bali Conference. Then the election of Barack Obama. Next came the Copenhagen Conference. Then being “left behind” in clean technology. Now, apparently, “inaction will cost more in the end”.  read more »

Living In Denial About Transportation Funding

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The reaction of various advocacy groups to President Obama’s recent call for a $50 billion stimulus spending plan for transportation infrastructure was predictable. They applauded the President’s initiative and thought that Congress should promptly approve the spending request. The benefits of investing in infrastructure are undisputable and the need for funds is urgent and compelling, they (or their press releases) proclaimed.  read more »

Who’s Racist Now? Europe’s Increasing Intolerance

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With the rising tide of terrorist threats across Europe, one can somewhat understandably expect a   surge in Islamophobia across the West. Yet in a contest to see which can be more racist, one would be safer to bet on Europe than on the traditional bogeyman, the United States.

One clear indicator of how flummoxed Europeans have become about diversity were the remarks last week by German Chancellor Angela Merkel saying that multi-culturalism has “totally failed” in her country, the richest and theoretically  most capable of absorbing immigrants. “We feel tied to Christian values,” the Chancellor said. “Those who don’t accept them don’t have a place here.”  read more »

Green Jobs for Janitors: How Neoliberals and Green Keynesians Wrecked Obama's Promise of a Clean Energy Economy

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In August 2008, then-candidate Barack Obama traveled to Lansing, Michigan, to lay out an ambitious ten-year plan for revitalizing, and fundamentally altering, the American economy. His administration, he vowed, would midwife new clean-energy industries, reduce dependence on foreign oil, and create five million green jobs. "Will America watch as the clean-energy jobs and industries of the future flourish in countries like Spain, Japan, or Germany?" Obama asked. "Or will we create them here, in the greatest country on earth, with the most talented, productive workers in the world?"  read more »

The Hudson Tunnel: Issues for New Jersey

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New Jersey Governor Chris Christie sent shockwaves through the transportation industry on last Thursday when he cancelled the under-construction ARC (Access to the Regional Core) rail tunnel under the Hudson River from New Jersey to New York (Manhattan).  read more »

The Great Deconstruction: Competing Visions of the Future

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During the Great Recession, America’s wealth has diminished while indebtedness has increased. This is simply a matter of fact. How the United States will marshal its resources and deploy its wealth in the future is a matter of great public debate. Previous installments of the Great Deconstruction series have explored the debate over the growing size of government and the impact the Tea Party movement may have on a possible smaller role for future government.  read more »

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Environmentalism as Religion

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Traditional religion is having a tough time in parts of the world. Majorities in most European countries have told Gallup pollsters in the last few years that religion does not “occupy an important place” in their lives. Across Europe, Judeo-Christian church attendance is down, as is adherence to religious prohibitions such as those against out-of-wedlock births. And while Americans remain, on average, much more devout than Europeans, there are demographic and regional pockets in this country that resemble Europe in their religious beliefs and practices.  read more »