Chrysler is experimenting with a two-tier pay system – high wages for experienced older workers and about half that salary for new, young recruits. Economists are excited because it brings in jobs without overburdening the company’s payroll; Via Meadia, on the other hand, sees the arrangement as just another battlefield in the war against the […]

The evidence keeps piling up that neither the election of Barack Obama or the semi-retirement of Fidel Castro has changed the basic pattern of US-Cuba relations.Former New Mexico Governor Bill Richardson is the latest pawn in America and Cuba’s long-running chess match. The Cuban government invited Richardson to Havana discuss the fate of Alan Gross […]

One of the most talked-about items in Obama’s new jobs proposal is also one of the most questionable: job training programs for minors and the unemployed. On the surface, this seems like a smart idea — providing American workers with the skills needed to navigate an economy that has changed dramatically over the past twenty […]

We noted earlier that Venezuela’s feisty President Hugo Chavez was repatriating his country’s gold hoard from London, apparently fearing international sanctions or seizures by angry foreign creditors.  Now he seems to be deepening the country’s defenses against foreign claimants by preparing to withdraw from a major global forum for the settlement of investor disputes. From […]

The growth of India and China may be the wonder of the world, but it depends on a lot of little things going right: institutions, workforce, transportation, logistics, energy, and the like.These days, energy threatens to be a roadblock in India’s path.  Oil and gas involve deals with countries like Iran; domestically India’s biggest resource […]

The chattering class has spent the past week dissecting the new memoir from much-reviled former VP Dick Cheney. The reaction has been mostly negative and will do little to revive his tarnished reputation. The Washington Post criticizes Cheney for failing to learn from the Iraq experience: Yet in his new memoir, “In My Time,” Cheney […]

As the FT reports: European governments are attempting to revive a stalled effort to beat Russia’s effort to bring central Asia’s vast natural gas reserves to Europe.A move to give Brussels the power to negotiate a pipeline deal with Azerbaijan and Turkmenistan is expected to be agreed…The unprecedented ceding of power is the latest sign […]

As a story in the Wall Street Journal recently noted, homeschooling is adapting to new environments: The San Francisco Schoolhouse…started classes Tuesday in the Richmond district with an initial enrollment of four first-graders…Unlike most homeschooling, in which a child is primarily taught by his or her own parents, students in co-ops often share teachers and sometimes […]

Last week Germany’s constitutional court ruled in favor of the European financial adjustment facility. As the FT’s Wolfgang Munchau writes, at first glance many observers saw the decision as a victory for those who want a collective European response to the crisis, but on closer inspection it turns out to place sharp limits on what Germany can […]

When it comes to the war in Afghanistan – or any war, really – wanting it to be over does not help end it. Thankfully, Ambassador Ryan Crocker knows this, even if many pundits do not. As the Washington Post reports: …Crocker has two simple points to make. First: Wanting the war against al-Qaeda to […]