Shale May Be China’s Best Hope for Clear Skies

Here’s a sentence that will make a green’s head spin: China needs to frack in order to clear its smoggy skies.That’s because burning coal is one of the biggest drivers of Chinese air pollution. As the Northern hemisphere bundles up for winter, Chinese urbanites are stocking up on face masks as more coal plants come […]

Pension Funds Gamble on the Weather

Pensioners and others near retirement living on the shoreline may be surprised to find that they’re insuring their own houses this hurricane season. That’s because many of pension funds they have their money with are beginning to invest heavily in catastrophe bonds in pursuit of higher returns. These kinds of bonds allow investors to collect money from disaster […]

WRM on Why He Doesn’t Label Himself Politically

While on his Eurotour earlier this fall – during which he visited France, Germany, Italy, and Romania – WRM gave an interview to Romanian TV station, Digi24, in Bucharest. The interview was conducted in English and covered everything from the civilizational differences of European nations to why WRM has given up trying to label himself: […]

Is The Tea Party Really All About Alger Hiss?

Unde malum et quare? Where does evil come from and why does it exist? That has always been one of the big questions; over at Bloomberg News, former White House macher and Samantha Power super-spouse Cass Sunstein says he’s solved at least one part of the riddle: he’s figured out the from whence and why […]

Is Shale the Answer to Europe’s Energy Problem?

Europe’s green policies have put it in the unenviable position of paying more money for dirtier energy. By subsidizing nascent green technologies like solar and wind, Europe has driven its electricity prices up sharply. At the same time, it’s started importing coal, a dirty energy source, from the US (we no longer need as much […]

The Real Reason to Fear de Blasio

How much does NYC have to fear from the impending de Blasio victory? The FT’s Christopher Caldwell, who also writes for the Weekly Standard, is comfortingly blasé. De Blasio only intends to raise taxes on people making more than $500,000 and he can’t even do that unless the legislature and the governor go along (they […]

Construction Begins on World’s Tallest Statue, in Modi’s Gujarat

At 600 feet tall it will be the world’s largest statue, taller than China’s Spring Temple Buddha, the current record holder, and twice as tall as the Statue of Liberty in New York. But despite its impressiveness, the statue of Sardar Vallabhbhai Patel, construction on which began Thursday, won’t avoid controversy.Patel was India’s first Home Minister after […]

Benghazi Returns

 The Benghazi story is back—and it could mean bad news for Hilary Clinton’s political future. 60 Minutes recently ran an episode on the Benghazi affair that summed up the findings from a year’s worth of reporting and investigation. One of its key sources was Dylan Davis, who worked perimeter security at the compound. His words, under one […]

Not Enough Taxes in the World to Save Providence

Providence, Rhode Island simply cannot generate the revenue needed to pay for itself, reports the WSJ: Rhode Island’s capital has been squeezing its 178,000 residents for more cash since losing a significant chunk of a big revenue source: state aid.…There are few options for the government to tap more money. The city’s commercial-property taxes are […]

Cash-Strapped Universities Jettison Assets in Fire Sale

Public universities have been hit hard by the recession, as cash-strapped states cut down on their contributions to school budgets and enrollment has declined. Now some of them are considering selling assets, including land and buildings, to make ends meet.A new piece in the WSJ takes a closer look at this trend in a profile of North […]

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