Sheikh and Bake in the Gulf

The oil rich desert kingdoms of Arabia are turning to the sun for fresh water. Arid Arab states currently use oil (which they have plenty of) to desalinate water (which they have practically none of). This is expensive, so the oil states are looking to use solar energy instead of oil. The Financial Times has […]

Move Over, Feds, There’s a New Provider in Town

The era of big government might already be over, at least as far as employment in the Washington, DC area is concerned. In 2012 the health care industry replaced the federal government and its contractors as the primary driver of job growth in DC: Major contracting firms Lockheed Martin, Northrop Grumman, General Dynamics and Computer Sciences Corp. […]

Bad Boys Make Italian Horse Race a Tight One

A comedian convicted of manslaughter, a technocrat, a populist sleazeball, a leftist—these are the leading characters in a fascinating Italian election season just a month before the vote.It’s a closer race than you would expect. Seventy-six-year-old Silvio “Bunga Bunga” Berlusconi, ousted by the technocrat “Mediocre Mario” Monti as prime minister in 2011, is defying accusations of mafia […]

Britain Goes Hat in Hand to Australia

How the tables have turned. Great Britain is now courting Australia, its old cast-off colony, for strategic assistance in Asia. The FT reports that the two countries are set to sign a wide-ranging defense treaty, boosting the UK’s global profile as it sets its sights beyond Europe in the 21st-century geopolitical theater: Owing to its […]

Business Roundtable Goes After Medicare

With another showdown on the debt ceiling looming, CEOs from America’s biggest companies have given the White House and Congress a series of proposals for entitlement reform, some of which are familiar by now: As well as proposing rises in the eligibility age for Medicare from 65 and for Social Security from 67, the BRT […]

“Low-Hanging Fruit” Out of Greens’ Reach

Forget about global carbon treaties; greens can’t even manage to pick the “low-hanging fruit.” While alternative energy is a kind of holy grail, reaping savings from energy efficiency is supposed to be relatively easy. In 2011 the Obama administration spent $4 billion on the construction of energy efficient buildings to “create tens of thousands of […]

Flogging Mali Again (and the Attack in Algeria too)

When I wrote about the situation in Mali a couple of days ago, little did I know just how much get-up-and-go this story would acquire. In just about fifty hours, from the time I left off writing on Tuesday to the present, at least five significant developments have widened the aperture of this episode—some of […]

Illinois’s Blue Robin Hoods Stealing from the Young to Give to the Old

After pension reform went down in flames last week, Illinois moved to Plan B: war on the young. Governor Pat Quinn’s administration claims that the upcoming budget will include major cutbacks on state services to make room for a $1 billion increase in pension spending. Most notably, education spending will decrease by $400 million, which would make […]

US Could Be Top Oil Producer This Year

The U.S. could become the largest producer of oil this year, seven years earlier than expected, a recently published BP report predicts. In less than 20 years, it will be 99 percent self-sufficient in net energy. We’ve read the tea leaves, and they foretell a new world order: Techniques such as horizontal drilling and hydraulic […]

Algerian Hostage Crisis a Consequence of Failed Policies

The hostage crisis in Algeria’s south is not yet over this morning: By Friday morning the UK Foreign Office said that the terrorist incident in the gas facility was “ongoing”. Media reports also said that the military raid was over and the BBC said that the site was being searched to ascertain whether there were […]

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