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The Bunga Bunga Economy
The Bunga Bunga Economy
Italy Looks to Drugs and Prostitution to Find Good Economic News

In order to not run up against EU regulations and technically slip into its third recession in six years, Italy is changing the way it calculates it GDP figures. How? By including revenue from the thriving cocaine and prostitution markets, of course.

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Walter Russell Mead & Staff

America’s peculiar system for choosing presidents may help avoid post-election chaos.

Third Debate Recap

Trump shortchanges his supposed signature issue to defend man-crush on Putin.

Frozen Ukraine

The latest round of peace talks only mask Europe’s lack of leverage and commitment in Ukraine.

Asia's Game of Thrones

The Philippine president has now definitively cast his lot with China. How will elites in Manila react?

Follow the Money

Why hasn’t the increase in K-12 investment translated into better student outcomes?

Crude Economics

US oil companies are in much better shape than the cartel seems to think.

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