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    The Outlines of the G-20 Deal Emerge, And They’re Not Good

    In the run-up to the G-20 summit in London on April 2, a curious division has emerged. On one side stand the U.S. and Britain, both sounding like continental Europeans in their enthusiasm for deficit spending. On the other stand France and Germany, rejecting stimulus packages but eager to impose … More

    Cost and Consequences of Government Health-Care Decision Making

    Several leading European and Canadian health economists, physicians and scholars — in Washington recently for the Galen Institute’s conference, “Lessons from Abroad for Health Reform in the US” — met with analysts from the Heritage Foundation and other conservative think-tank leaders. They wanted to explain why Americans should be concerned … More

    "The Largest Protectionist Racket in the World"

    Dangerous currents advocating protectionism are alive and well on both sides of the Atlantic. A “Buy American” clause in the latest U.S. stimulus package may have been eased to avoid violation of bilateral trade agreements, but its protectionist intentions remain. But the European Union is in no position to lecture … More

    EU Turns Its Back on Lithuania, Poland on Policy Toward Russia

    European Union ministers are pressuring Poland and Lithuania to endorse the EU’s business-as-usual approach toward Russia, despite the fact that Russia remains in violation of the EU-negotiated truce over the Russian-Georgian war. The EU apparently wants to have Poland and Lithuania on board for this scurrilous betrayal, so that it … More

    Nuclear Energy: Learning More from the French

    In economics we use a term called comparative advantage: Generally speaking, it is the theory that countries should specialize in the production of goods and services they can produce most efficiently. Sounds simple enough, right? It is often linked to that taboo word, globalization. While globalization is largely responsible for … More

    Morning Bell: The World Is Powering Up While America Powers Down

    The economy is by far the No. 1 issue on most Americans’ minds. Gas prices are a close second. The two issues are intimately related. But the spike in oil prices this year is just the tip of the iceberg. Due to similar developments in supply and demand, electricity prices … More

    Nuclear Energy: Learning from the French

    Skyrocketing gas prices and rising energy demands have policymakers considering some of the same bad policies of the 1970s. Chief among these are windfall profits taxes, setting price controls on oil and using subsidies to pick winners and losers. The French, on the other hand, took a different approach in … More

    As the Price of Oil Rises, Fear of Nuclear Falls

    It’s too dangerous. It’s too expensive. There’s no solution to the waste problem. Anti-nuclear activists have thrown every excuse in the book when it comes to the reemergence of nuclear power in the United States, and they’ve all been dispelled. Today, with the costs of energy rising with no end … More

    Morning Bell: Debunking the Iran NIE

    Throughout President Bush’s current Middle East trip, administration officials have had to quell confusion about how the December 3, 2007 National Intelligence Estimate on Iran’s nuclear program affects U.S. policy in the region. Already the report has undercut efforts to form “an international coalition to impose sanctions against Tehran” and … More