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Expatriated: Leaving the Land of the Free

Expatriated: Leaving the Land of the Free

Since 1996, the United States Treasury has been required to publish a quarterly list of people who give up citizenship or permanent residency. The process, undertaken by 1,800 people in 2011, is called expatriation. With the U.S. elections coming up in November, one issue on Americans’ minds home and abroad is taxes: Who should be […]

Book Review: Keynes Hayek, by Nicholas Wapshott

Book Review: Keynes Hayek, by Nicholas Wapshott

Keynes vs. Hayek: Live at the LSE! After 28 years of deregulation and dedicated free marketeering, the Bush Administration met the economic crisis of 2008, sometimes dubbed the Great Recession, with billions worth of economic stimulus, and by cutting interest rates and encouraging spending. Despite the trajectory of American economic policy since the era of […]

Democrats Abroad Austria

Democrats Abroad Austria

“Voter registration’s over here,” a bright voice chimes through Pickwicks on Marc-Aurel-Straße. We were at the voting party for the Democratic Primary, which was not especially exciting with an uncontested Barack Obama. But still, it’s part of the “use it or lose it” U.S. democratic process. Some Americans at the event had not voted in […]

Crisis vs. Crisis

Crisis vs. Crisis

American policy makers have often criticised European leaders for being slow to react to the debt crisis. But on 21 March, Federal Reserve Chairman Ben Bernake saw a shift, telling the House of Representatives that “financial stresses in Europe have lessened, which has contributed to an improved tone of financial markets around the world, including […]

Bulgaria rejects shale gas

Bulgaria rejects shale gas

Bulgaria’s Prime Minister Boyko Borissov refused to bow to U.S. pressure to lift the country’s ban on shale gas exploration,
according to news platform EurActiv. U.S. Secretary of State Hillary Clinton used an official visit to Sofia, Bulgaria, to urge the country’s leaders to endorse shale gas, weeks after Bulgaria had banned explorations due to environmental […]

Taxing the Expats

U.S. citizens living abroad are required to file income tax returns. The United States is in fact the only industrialized country in the world that taxes its citizens’ income overseas. Now, in hopes of upping federal tax revenue, the IRS is heightening controls abroad. Americans working abroad have long been protected, at least to some […]

Deconstructing the 99%

As protests erupt all over the world echoing the Occupy Wall Street movement, the democratic sentiment – the desire for more agency – is clear. The arguments and the passions behind them, however, are multi-layered and diverse. When the March on Wall Street began, it seemed like the long-awaited outcry that has been suppressed since […]

The Risks of Withdrawl

Entering a war is easy; getting out of it is the hard part. That axiom is particularly true for the United States today, as it muddles through three wars – two of which were forced upon it (Afghanistan and the “war on terror”), with the third (Iraq) started unnecessarily by a U.S. administration blinded by […]

Book Review: This Time is Different, by Carmen Reinhart

Why America Isn’t Working As the U.S. economy limps toward the second anniversary of the Lehman Brothers bankruptcy, anemic growth has left unemployment mired near 10%, with little prospect of significant improvement anytime soon. Little wonder that, with mid-term congressional elections coming in November, Americans are angrily asking why the government’s hyper-aggressive stimulus policies have […]

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