Rising public debt has been widespread in democratic-capitalist political economies since the 1970s, generally accompanied among other things by weak economic growth, rising unemployment, increasing inequality, growing tax resistance, and declining political participation. Following an initial...

Israel's ongoing crisis - or 'judicial coup' in popular parlance - has elicited two opposite responses. The first comes from global rating agencies, economists and investment strategists who see Israel's country risk rising. The opposite reaction, by Prime Minister Netanyahu and his acolytes,...