Europe

Three Economic Lessons Imported From Turkey

I just returned from a week in Istanbul, where I was reporting a piece on what Turkey’s burgeoning contemporary art scene tells us about where the country is headed politically (you can look for that in our upcoming style and …

Euro Banks Swap Cash for Trash

Cheap loans being offered by the European Central Bank to help reflate the Eurozone are encouraging some banks to boost their profits by loading up on risky bonds.

My Top Five Takeaways from Davos

One of the challenges of covering the World Economic Forum at Davos as a journalist is making sense of the whole thing. The forum is days and days of wandering conversations and endless debates on just about every subject you can …

Are Companies More Powerful Than Countries?

In 2008, after Lehman Brothers fell and the financial crisis and global recession began, the conventional wisdom was that we were entering an era in which government would take back power from business. In fact, just the opposite …

The Limitations of Looking at the Big Picture

On Wednesday, the World Economic Forum will gather on a pretty mountain in the Swiss village of Davos. Immortalized as the Magic Mountain in Thomas Mann’s classic novel about a tuberculosis sanatorium, Davos today attracts those

Is U.S. Manufacturing Really Back?

Is America in the middle of a manufacturing job revival? The latest numbers would make it seem so. The U.S. has added more net manufacturing jobs since the start of 2010 than the rest of the G7 nations put together, with only two …

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