EUROPEAN COMMISSION

AP

Does Monsanto Deserve a Prize for Agriculture?

If you thought our global food crisis can't get any worse, guess who's winning this year's Nobel Prize of Agriculture? Robert T Fraley, Executive VP of Monsanto is one of the recipients of this prestigious award (equivalent to the Oscars) on World Food Day October 16 for creating genetically modified organism (GMO).
Getty Images

Why Language Laws Don't Work

In free societies, people must be free to speak any language they wish. Quebec will not make French stronger by trying to weaken English. All people should be proud of their language and speak it well, and all people should recognize that it is an advantage and an enviable condition to speak more than one language. As Paul-Émile Cardinal Léger put it, "It will not be by laws, regulations, fines, and harassments, that a language is promoted. It is by speaking your language in a way that to hear it, others will wish to speak it also."
Getty

The Latest Plan to Control Euro Members

What's the newest strategy of the European Commission to remove any democratic accountability from the eurozone members? They are now aiming to consolidate all eurozone members on the IMF Executive Board into a single member, represented by... the European Commission.
Getty

Europe's Greatest Deficit Is its Democracy

Soon-to-be-former Greek Prime Minister Papandreou had the right instinct calling for a referendum on the austerity package. There has been a long-stranding "democratic deficit" within the European Union, with major decisions being made without the input of the Union's citizens. The latest crisis is only increasing this deficit.

Financial Transactions Tax, RIP

Messing around with markets, such as by introducing taxes, distorts them, makes them less efficient, and delivers poorer results. A financial transactions tax, following this logic, will constrain transactions that would otherwise optimize financial markets, increase volatility.