Get unlimited access to OnPoint, the Big Picture, and the entire PS archive of more than 14,000 commentaries, plus our annual magazine, for less than $2 a week.
Europe works best, as the old quip has it, with the Russians out, the Germans down, and the Americans in. Today’s new European order has the Russians up, the Germans on the way down, the Americans potentially bowing out, Britons struggling toward Brexit – and France rising.
The debate over government job-guarantee programs is partly one of economic theory. But the main issue is politics: the size of the state, its proper economic role, and the resources the state needs.
