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Robert J. Samuelson / Politics

Putinomics

WASHINGTON -- What's occurring in Ukraine, says the Peterson Institute's Fred Bergsten, is an unwelcome consequence of globalization. Russian President Vladimir Putin thinks he can enjoy political and military freedom in dealing with Ukraine ...

A Permanent Economic Slowdown?

WASHINGTON -- You might compare the U.S. economy to someone who's recovering from a serious illness. At first, everyone hopes the patient will return to normal. Then it's gradually realized that the patient suffered permanent damage and will never...

Russia's (Overblown) Natural Gas Weapon

WASHINGTON -- The continuing Ukrainian crisis has cast a specter over Europe: a natural gas cutoff. Russia supplies 30 percent of Europe's natural gas. In any tit-for-tat exchange of sanctions, this seems the ultimate weapon, dwarfing almost ...

Shattered Hopefulness

WASHINGTON -- For the record, it's worth noting that Russia's swift seizure of Crimea confounds and contradicts one of the hopeful axioms of conventional wisdom. The presumption -- rarely stated openly but widely believed -- has been that the ...

China's Next Challenge

WASHINGTON -- China has fallen into the "middle-income trap" -- a significant event full of domestic and international implications. Its economy is visibly slowing; lower-than-expected industrial production and exports are the latest evidence. ...

The Verdict on 'Stimulus'

WASHINGTON -- Five years after becoming law, the American Recovery and Reinvestment Act of 2009 -- better known as the "economic stimulus" -- remains controversial and divisive. Its birthday has triggered retrospectives that suggest a tentative ...