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The Latest Opinions From Bloomberg View


January 20, 2015

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European Economy

The Editors:"The actions that the European Central Bank will finally announce this week won't give the continent the boost it needs. That's for several reasons, but the main one hasn't changed: The European Union's system of economic governance is broken."
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Guan Yang: "Europe's currency war is picking up speed. On Monday, with the Danish krone appreciating against the euro, the Danish central bank sought to make the currency less attractive to safe-haven investors by cutting the deposit rate to -0.2 percent and the lending rate to 0.05 percent."
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Declassified

Eli Lake:The administrations of Barack Obama and George W. Bush "have said repeatedly since Sept. 11, 2001, that radical Islam is not Islamic. There is a reason for this: The long war against radical Islamic terrorists requires at least the tacit support of many radical Muslims."
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Terrorism

Marc Champion:"Do Muslim minorities have a 'special burden' to help track down extremists, as Sajid Javid, the U.K. government's most senior Muslim, said in the aftermath of the terrorist attacks in Paris? This is a sensitive question for any of Europe's Muslim populations and on Monday, the U.K. government jumped in head first with a letter to 1,000 imams."
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Politics

Paula Dwyer:"Obama's tax plan seeks to help the struggling middle class, address wage stagnation and reduce income inequality -- paying for it with higher taxes on the rich. ... Tax reform was one of the few areas in which Obama had a shot at doing a deal with congressional Republicans. That's less likely now -- all because of his soak-the-rich framing."
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Albert R. Hunt: "There are a lot of law enforcement and national security priorities in the U.S.; Greg Anthony and General David Petraeus are not among them."
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Health-Care Reform

Christopher Flavelle: "The next big shift is coming in U.S. health care, and Republicans are doing their best to speed it up. What's not clear is how carefully they've thought through the consequences."
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Science

Cass R. Sunstein:A lot of people are prone to the "gambler's fallacy" -- the mistaken belief "that a small sequence of events will look a lot like a bigger one. ...Does the gambler's fallacy lead to major mistakes in the real world?"
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Russia

Leonid Bershidsky:"Here's a story that sheds some light on why Russian President Vladimir Putin is so firmly entrenched as his country's ruler and sole serious decision maker. It has to do with the vast wealth even his low-level allies -- not to mention his inner circle -- have been able to accumulate while he's been in power."
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China

William Pesek:"China's Premier Li Keqiang lands in Davos this week, leading the most high-level Chinese delegation to the annual Swiss retreat since 2009."
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