Thinking Global

It’s competitiveness, stupid

July 19, 2012

America deserves better.

If only this year’s presidential candidates were as focused on global competitiveness as are America’s business leaders, the world’s most important economy and democracy would already have become the “Comeback Kid,” portrayed on this week’s Economist cover as a muscle-bound Uncle Sam.

Angela Merkel, Europe’s weary mountaineer

July 6, 2012

To help illustrate Germany’s historic dilemma as it calculates the risks of rescuing Europe, Ronald Freeman, a London banker friend, conjured up an image of Chancellor Angela Merkel as a weary mountaineer leading a perilous rock climb. Still some distance from safety, Merkel alternates between shouting instructions to those hanging behind her on a taut and fraying rope, and wondering whether to take out her knife and cut loose some of the burden.