Recent Posts

  • Angela Merkel is Getting it Right

    By Steven Hill, International Politik (Germany), October 4, 2010

    The Chancellor’s critics are misjudging today’s challenges and the strength of Merkel’s leadership

    Forget Barack Obama. Forget the Hu Jintao/Wen Jiaboa duo, David Cameron, or Vladimir Putin. Germany’s Chancellor Angela Merkel is the world’s most important leader. The latest reports suggests that Germany’s economy has been growing at a blistering annual rate of nearly 9%, making a good recovery from the U.S.-led economic collapse.…

  • The China Superpower Hoax

    By Steven Hill, Truthdig

    China must have the best public relations maestros in the world. How else would a country with a lower per capita income than Iran, Mexico and Kazakhstan, one of the worst environmental records of any major nation, endemic corruption, jails stuffed with dissenters, and a dictatorship, besides, be hailed by so many as the next global superpower?…

  • Shorting Economists: The ‘Experts’ Keep Getting it Wrong

    By Steven Hill, Truthdig, August 19, 2010

    That modern-day guild known as “economists” has been on a self-righteous rampage lately. This latest rash of finger-wagging was kicked off by the Greek debt crisis. Looking at tiny Greece, these economic Cassandras foresee a menacing future for the entire global economy if President Barack Obama and Europe don’t rein in their budget deficits.…

  • Angela Merkel: The World’s ‘Most Valuable Leader’

    By Steven Hill, Social Europe Journal, August 18, 2010

    Forget Barack Obama. Forget the Hu Jintao/Wen Jiaboa duo, or David Cameron or Vladimir Putin. Germany’s Chancellor Angela Merkel is the world’s most important leader. The latest report showing Germany’s economy growing at a blistering annual rate of nearly 9%, well into recovery from a US-made economic collapse, is just further evidence of the obvious. …

  • The Economic Fallacy of ‘Zombie’ Japan

    By Steven Hill, Guardian, August 11, 2010

    Japan has been getting a raw deal from the so-called economic experts. Consider this: in the midst of the great recession, the United States is suffering through nearly 10% unemployment, rising inequality and poverty, 47 million people without health insurance, declining retirement prospects for the middle class and a general increase in economic insecurity.…

  • Don’t scorn Germany and Japan; learn from them

    By Steven Hill, Los Angeles Times, July 29, 2010

    In the midst of the Great Recession, the United States is suffering through nearly 10% unemployment, rising inequality and poverty, 47 million people without health insurance, declining retirement prospects for the middle class and a general increase in economic insecurity. The global marketplace has become tumultuous, so when we find a bright spot, one would think it deserves a mention.…

  • Swiss offer a fix for direct democracy

    By Steven Hill, Sacramento Bee, July 2, 2010

    I recently participated in a research trip to Switzerland to study the alpine nation’s system of direct democracy (initiative and referendum, or I&R). Its model offers fresh ideas about how to repair the dysfunctional initiative process in California and San Francisco.

    In California, it takes approximately 750,000 signatures to put a constitutional amendment on the ballot — almost 3 percent of the statewide population — and about three-fifths that for a nonconstitutional statute.…