Category Archives: Economy

The Stagnant Mediterranean

Socialism and Islamism don’t foster a climate of economic growth and security.

by Victor Davis Hanson

National Review Online

From the heights of Gibraltar you can see Africa about nine miles away to the south — and gaze eastward on the seemingly endless Mediterranean, which stretches 2,400 miles to Asia.  Read more →

An Irrelevant Middle East

Thanks to oil discoveries elsewhere, the region is losing its geostrategic clout.

by Victor Davis Hanson

National Review Online

Since antiquity, the Middle East has been the trading nexus of three continents — Asia, Europe, and Africa — and the vibrant birthplace of three of the world’s great religions. Read more →

‘Germany May Destroy Europe for the Third Time’–Really?

by Victor Davis Hanson

NRO’s The Corner

In open worries that the EU disaster may spread to the US and thereby endanger the reelection of Barack Obama, campaign consultant Bob Shrum recently wrote: Read more →

Greece Alone and Broke–Again

by Victor Davis Hanson

Tribune Media Services

The recent indecisive Greek elections could be summed up by two general themes: Greeks want to stay in, and expect help from, the Eurozone. But they still do not want to take the necessary medicine to stop borrowing billions of euros from northern Europeans, who want a radical Greek reform of the tax code, deregulation of labor laws, fiscal discipline, massive cuts in bureaucracy, and greater transparency — all unlikely given Greek history and contemporary culture. Read more →

‘Austerity’ versus ‘Growth’

by Victor Davis Hanson

National Review Online

Who would not prefer “growth” to “austerity”? That is the false dichotomy that insolvent Western governments, both here and abroad, are now constructing. After all, everyone prefers growing things to starving them. Yet in truth, there is no such clear-cut choice. Read more →

Don’t Let America Imitate a Burning EU

by Bruce S. Thornton

FrontPage Magazine

Traveling through Europe can obscure the looming crisis threatening the continent. Visiting the medieval villages of Alsace, the castles on the Rhine, or the magnificent cathedrals in Basel or Cologne, it’s easy to forget that Europe is on the brink of disaster. But these days even EUrophiles are sounding apocalyptic. Read more →

The EU at the Abyss

by Victor Davis Hanson

NRO’s The Corner

Over the last four years, almost all of the news about the shaky European Union has been financial, with some attention paid to southern Mediterranean tabloid attacks on Germany and the German media counter-stereotyping of irresponsible siesta-loving sunny Mediterraneans. Read more →

The Sick Man of Europe

by Victor Davis Hanson

Defining Ideas

Why are the Greeks such whiners? Look to their tragic history and geography.  Read more →