Global

Op-Ed

The Austerity Wars: Debunking Paul Krugman

Author: Benn Steil
Forbes Online

Benn Steil’s new Forbes op-ed examines Paul Krugman's data analysis purporting to document definitively that "austerity," defined by declines in real government purchases, damaged growth between 2010 and 2013. He shows that this finding collapses entirely when he excludes countries without independent monetary policies, such as those in the Eurozone. For countries with independent monetary policies, changes in real government purchases had no effect on growth.

See more in Global; Monetary Policy

Op-Ed

We Need Defense Innovators More Than They Need Us

Author: Samuel C. Hinote
Cicero Magazine

If knowledge is power, we should all be feeling more powerful. The defining trend of our time is the ever-increasing connectedness made possible by technologies such as the Internet, satellite communication, and cell phones.With this connectedness comes instant access to a large portion of the world’s knowledge.

See more in Global; Innovation; Defense and Security

Research Links

Water

Provides background information on water rights and conservation, data on water availability, water issues related to environmental and natural disasters, economics and development, and conflicts, as well as U.S. and intergovernmental agendas and policies for ensuring reliable access to clean water.  March 22 is the United Nations' World Water Day.

See more in Global; Water Security

Article

Weekend Reader: 'Market Madness: A Century of Oil Panics, Crises, and Crashes'

Author: Blake Clayton
The National Memo

In Market Madness: A Century of Oil Panics, Crises, and Crashes, stock analyst Blake C. Clayton tempers the craze surrounding oil exhaustion through a combination of historical investigation and sober, persuasive analysis. His book is a lucid, credible riposte to apocalyptic ravings about “peak oil.” Clayton examines how such panics have persisted through the decades, all unfounded, yet devastating to the market. Market Madness enjoins consumers, policymakers, and brokers to abstain from hysteria and remain informed about what the future of energy truly holds.

See more in Global; Oil