EU Climate Commish: We’re Right, Even If Science Is Wrong

Connie Hedegaard doesn’t need science to tell her that Europe’s green policy is on the right track. She’s the EU’s Climate Commissioner, and she has discarded science, the oft-donned mantle of green policymakers around the world. In an interview with the Telegraph, she said, “Let’s say that science, some decades from now, said ‘we were wrong, […]

The Price of Young Workers' Pessimism

A line in Bob Dylan’s “Subterranean Homesick Blues” goes, “Twenty years of schoolin’ / And they put you on the day shift.” It was written in 1965, but would probably resonate with today’s college graduates who are stuck working part-time in menial jobs.On top of massive student loan debt, many recent college graduates now enter a […]

Euro Crisis Calms, Euroskepticism Keeps Growing

The Euro crisis no longer seems quite as desperate as it did this time last year, but the relative calm hasn’t convinced Europeans that all will be well. A new poll from the French paper La Croix found that more than half of respondents in a number of Europe’s largest countries believe that their countries could be […]

Black Markets Spread, Kirchner’s Power Wanes in Failing Argentina

It didn’t take long for Cristina de Kirchner’s foreign exchange controls and phony inflation numbers to make black markets a staple of life in Argentina. The FT reports that Buenos Aires today is littered with “caves”—shady offices where dollars can be bought and sold for double the official rate: In the heart of downtown Buenos […]

Taliban Kill Top Pakistani General as Faint Hope for Talks Crumbles

For a brief week it looked like talks between the Pakistani government and the Pakistani Taliban were getting somewhere. The top military leadership blessed an initiative, led by Nawaz Sharif, to talk to the militant group that has waged a bloody war against the Pakistani government for years. But then the Pakistani Taliban claimed responsibility […]

Study Gives Fracking Green Bill of Health

We’ve said it before, and we’ll say it again: shale gas is fracking green. A new study confirms that natural gas helps decrease greenhouse gas emissions by displacing the much dirtier and more carbon intensive coal.The study was conducted by researchers at the University of Texas at Austin, and it pokes a hole in one […]

Chicago Residents Dragged Down by Pension Burden

The shakeup in Illinois’s Democratic primary may be making all the headlines, but pensions remain the biggest story in the Land of Lincoln. And Chicago has it worse than anywhere else; the situation is so dire that the New York Times is warning of a Detroit-like slide.According to Chicago’s official estimates, the total pension debt that falls […]

The Wacky World of Solar Subsidies

On Monday China announced new anti-subsidy tariffs on American-made polysilicon—a key component in solar panels. This marks the latest instance of a solar-producing country accusing another government of unfairly propping up the industry with state subsidies. China’s Commerce Ministry said America’s subsidized solar-grade polysilicon industry has caused China’s own polysilicon sector “substantial harm.” Reuters reports: China’s […]

House Calls, 21st-Century Style

The house call could be making a comeback. The WSJ reports on new options for bringing health care for the elderly back into the home and elder care communities: Nine out of 10 Americans say they want to grow old at home and keep living in their communities as long as possible, according to AARP. […]

The Power of the Magnitsky Act

In early September, American Interest publisher Charles Davidson spoke with Hermitage Capital co-founder and CEO William Browder about the origins, impact and future of the Magnitsky Act. Charles Davidson: Welcome, Bill; we appreciate you talking with us. Our timing is good, given the news out of New York two days ago. William Browder: Yes, the […]

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