Chavez Cured of Cancer for a Second Time

Just a few short months after Hugo Chávez declared himself “cured” (again) of cancer just in time for October elections, the man has yet again emerged from a successful surgery. BBC News reports that Chávez’ operation, his fourth since 2011, lasted about six hours.But instead of claiming that Jesus had cured him or that the reemergence of the cancer was inflicted […]

Message from China: Winter Is Coming to the South China Sea

The Chinese army must “intensify its ‘real combat’ awareness” the state-run Global Times newspaper quotes Xi Jinping as saying. He made the comments last week on a tour of the army’s theater of operations in southern Guangdong province, which borders the South China Sea. During the same trip China’s new president also urged his citizens to prepare […]

Europe’s Greens Embarrass Themselves…Again

In 2009, Europe announced a new program to finance the installation of Carbon Capture and Storage (CCS) technology in industrial plants, which would allow these plants to capture their own emissions and store them underground rather than releasing them into the atmosphere. The funding for the installations was expected to come from the sale of […]

Human Rights Abuser to Lead UN Human Rights Council

Monday saw the election of Mauritania to the position of vice president of the UN Human Rights Council. That’s the same Mauritania, mind you, with almost a million of its own people in chattel slavery. We’re sure that the council’s president-elect, Poland, is looking forward to working with its honorable new partner.The worst part of […]

Michigan Stuns Labor as Blue Model Continues to Unravel

Labor’s clout is in steep decline in the Middle West. In a move that was unimaginable just ten years ago, Michigan Governor Rick Snyder signed a pair of “right-to-work” bills into law, dealing a serious blow to unions in one of the states that gave birth to the modern labor movement in America. The Wall […]

Hermit Kingdom Launches Long-Range Rocket

It’s official. Like the Clinton and Bush administrations before it, the Obama administration has no clue how to deal with North Korea. The DPRK just launched a long-range rocket into space that may or may not have put a satellite in orbit: The US described the act as a “highly provocative act that threatens regional […]

The First Amendment: An Icon Sometimes Erected in Curious Places

The First Amendment to the Constitution of the United States is an icon of religious freedom, and rightly so. It contains a double prohibition: no establishment of religion and no hindrance to the free exercise of religion. The two clauses often grind against each other. Adopted by Congress in 1791, the Amendment still comes up […]

The Math Behind the Meltdown

The history of the renowned Black-Scholes formula on options pricing weaves through several centuries and many countries. That history, were it better known, would have inspired a little of the humility that was in such short supply in the world of finance before September 2008.

Lost in Translation: James Bond’s Istanbul

The premiere of Skyfall marked Agent 007’s return to Istanbul, but which Istanbul? Certainly not Ian Fleming’s, whose contempt for the place drips from the pages of From Russia with Love.

The Federal-State Crack-up

For decades, both Democrats and Republicans have been invested in governance schemes that have eroded the Constitution’s separation of powers.

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