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Yet successful conservative politicians are always empiricists, not idealists…
EU
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Even Iceland, this century’s poster-child for financial excess, is almost back to peak economic activity
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The road to fiscal hell is sometimes paved with the best intentions. As Europe’s politicians seek to win electorates round to brutal budget cuts, they would do well to look to the experience of Japan.
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There’s more to Japan’s new first couple than meet the eye. The prime minister’s wife, Miyuki Hatoyama, claims to have befriended Tom Cruise in a previous life when he was, apparently, Japanese. Meanwhile the prime minister himself has been behaving like the re-incarnation of a French intellectual.