The Shale Boom and Income Mobility

A fascinating map of American income mobility has been making the blogging rounds today. The map is based on a study that the NYT notes is being hailed as “the most detailed portrait yet of income mobility in the United States.” The study found that metro areas with greater income heterogeneity had greater social mobility. Gawker used […]

Japan to Britain: Stick It Out

The European Union doesn’t have a whole lot going for it these days. Its economy continues to spin its wheels, its bureaucrats spend much of their time pursuing asinine regulations and the monetary union is still in a profound crisis. Given the continued parade of negative headlines, British voters may be forgiven for questioning their […]

Are Patents Holding Back a 3D Printing Boom?

3D printing uses additive manufacturing to create highly customizable stuff with fewer inputs. It’s changing the way many companies manufacture their products, and it has given do-it-yourselfers a new hobby. But what is already a very cool technology is about to get a lot cooler, as patents for what is currently a proprietary way of printing […]

Will Obama’s "Pivot" to Economy Be Different This Time?

In a series of speeches beginning in his home state of Illinois, President Obama will turn his attention this week to the economy in hopes of amassing public support for upcoming fiscal battles with Republicans. The NYT reports that the President’s “campaign-style tour of the Midwest” will include policy proposals for major economic issues like […]

Is Camp Hillary Watching the Rudd-Gillard Rivalry Down Under?

With the Australian government’s announcement that asylum seekers trying to settle in Australia will instead be sent to Papua New Guinea, newly-reinstalled Prime Minister Kevin Rudd continues to shift his government in a populist direction. Today he defended the controversial decision, which he conceded is “hard line”: his government will “make no apology for the […]

Detroit Turns the Screws on Pensioners

Now that Detroit is officially going bankrupt, the debate over its future hinges on how to divide the pain between the city’s creditors, a diverse group which includes both investors and city workers. Unlike some other municipal bankruptcies where pensioners saw their payments slashed to the bone, Detroit is looking to split the pain as […]

EU Adds Hezbollah to Terror List

Finally. “It is good that the E.U. has decided to call Hezbollah what it is: a terrorist organization,” Frans Timmermans, the foreign minister of the Netherlands, said in a statement shortly after the decision.The move would have the effect of “limiting its capacity to act,” said Mr. Timmermans, referring to Hezbollah.Next up: the EU will […]

Cameron Tries to Tame Internet, Porn

The evolution of the Internet continues as states take an increasingly active role in shaping it. The latest evidence: the UK’s David Cameron has announced a spate of new initiatives aimed at regulating and limiting people’s access to pornography. Every household in the UK is to have pornography blocked by their internet provider unless they […]

Week in Review

Detroit’s bankruptcy was the big news this week. We wrote on the impossible logistical choice the court ruling presents, but we also reviewed the implications of the filing for the failing blue model of governance: Blue model defenders will point to the cruel exodus of General Motors, the unjust outsourcing of American manufacturing, and the […]

Fact-Checking Gasland Part II

The Department of Energy released a “landmark” study which found no correlation between fracking and the contamination of groundwater fluid. Greens like documentary filmmaker Josh Fox have been banging the alarmist drum on groundwater contamination for some time now. Last week we ran a review of Fox’s latest offering, Gasland Part II. The film attempts […]

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