News Analysis
Immigrants are Assimilating, Just Like Always

A new poll indicates that Hispanic immigrants, just like the many immigrants before them, are assimilating in pretty quick order. More Hispanics get their news from English language sources than from Spanish ones, and the gap is growing as time goes by. Pew has more: The rise in use of English news sources has been driven […]

Peña Nieto to Push Constitutional Energy Reform Next Month

Mexico’s state-owned oil and gas monopoly, Pemex, is a terribly run organization. It has added 22,000 jobs since 2004, yet production has fallen 23 percent. Mexico’s government uses Pemex as its own personal piggy bank, deriving roughly a third of its revenue from the company. That leaves few pesos left over for Pemex to reinvest […]

China Spends Big to Clear Its Smoggy Skies

China has an air quality problem. About 1.2 million people died as a result of air pollution in 2010. World Bank report estimates that smoggy skies cost the country 5.78 percent of its GDP every year. China is investing heavily in clean energy sources, but it still burns nearly half of the world’s coal. Last […]

Fallout from China’s Barbaric One Child Policy

A man killed two Chinese government officials and injured four others at a family planning bureau on Wednesday. Earlier the man had gone to the bureau to register his fourth child but had failed to pay the exorbitant fee for having more than one child and was turned away. In China, your child must be […]

Art Follows Money. Detroit Has None.

Like anyone following Detroit’s downfall, we had heard about the debate raging over whether or not to sell off the Detroit Institute of Arts’ vast art collection. We hadn’t been paying attention to the actual numbers in play. John Fund at National Review rounds up some estimates: The Detroit Free Press asked New York and Michigan art dealers […]

World’s Energy Appetite Growing

The Energy Information Administration (EIA) released its International Energy Outlook today, and it’s chock-full of excellent data. It points to a number of global energy trends, and the overarching narrative that emerges is the economic ascendence of the developing world (especially China and India) and the sharp rise in energy usage expected to accompany that […]

Senate Sensibly Ties Student Loans To Markets

The congressional debate over indexing federal student loan interest rates appears to be nearing conclusion. On July 1st the rate for future borrowers doubled due to congressional inaction. Now a retroactive measure to address this is wending its way through Congress. On Wednesday the Senate voted 81-18 to pass a bill that will link college loan […]

Bo Xilai’s Real Crime

Bo Xilai was indicted on charges of extortion, bribery, and abusing power today, and he will soon be put on trial, according to officials at the court in Shandong province where the charges were filed. Bo’s sentence could range from 15–20 years in prison to a suspended death sentence, analysts say, but his trial will […]

Wonkblog: Obamacare Will Raise Premiums…a Lot

The U.S. Government Accountability Office has released a new report that offers the most comprehensive data to date on the current costs of health insurance across all 50 states. At Wonkblog, Sarah Kliff used the report to compare the current costs of insurance to the predicted costs of insurance under the ACA (which, we’ve said, wonks should have been […]

Jiangsu: The Detroit of China

Among China’s heavily indebted provincial and local governments, Jiangsu stands out. Two of its main industries, shipbuilding and solar panels, are “drowning in overcapacity,” Reuters reports. Several districts and cities have resorted to unorthodox ways of bringing in revenue fast, like refusing to pay civil servants, refusing to compensate landowners for land sold to developers, […]

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