Daily Archives: November 3, 2011

November 3, 2011

ESSAY

High-Speed Rail Fail

California’s proposed high speed rail system linking the north to the south is going to cost nearly $100 billion, according to a new estimate that figures the cost at three times as high as the original projection approved by California … Continue reading

8 Comments
ESSAY

Faint Hope for Pakistan?

Good news from Pakistan has been hard to come by over the past few years, but perhaps that is finally beginning to change. Although it will not end the decades-long nuclear standoff between the two countries, Pakistan’s decision to grant … Continue reading

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ESSAY

Eurostorm Batters Brazil

It’s hard to imagine a greater contrast than the pomp and ceremony surrounding the G-20 summit of world ‘leaders’ in the posh resort of Cannes with the turmoil and darkness of the world’s economic outlook.  But China, the US and … Continue reading

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ESSAY

Time To Change Course on Green Jobs

Is there something about the word ‘green’ that makes people go weak in the head? Rivaled only by the ‘get tough on Netanyahu’ fiasco and the Gunwalker scandal, the ‘Green Jobs’ meltdown is the most comprehensive and conspicuous policy failure … Continue reading

35 Comments
ESSAY

Killer Pain Pills Dent Case For Ending War on Drugs

Legalizing drugs isn’t making people use them less.  The WSJ reports that about four times as many people die from using prescription painkillers as did ten years ago: About 14,800 people died in the U.S. from overdoses of painkillers in … Continue reading

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ESSAY

The Comprehensive Eurofail

Having spent months warning readers about the incompetence of Europe’s political leadership and the incoherence of its institutional structures, I thought I had seen the worst.  But for even this hardened and cynical observer who has had years of watching … Continue reading

26 Comments
ESSAY

Do China’s Millionaires Want To Jump Ship?

Droves of jumpy Chinese millionaires are looking to emigrate from the PRC.  Should investors and geopoliticians be paying attention? With concerns about social policy and slowing growth becoming more prominent, over half of Chinese millionaires are considering fleeing the country. … Continue reading

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