Depending on the model economists use and the assumptions they make, they estimate a net stimulus that ranges from small to very small. But, behind the word "net," lies a wide spectrum of gains, pains, people, and policies.
What would truly be a disaster now would be for France (and Europe) to react to the Charlie Hebdo attack in the same blind, mindless fashion that America's leaders reacted to 9/11. Nothing would more benefit al-Qaeda and its modern spin-offs.
It is time for Muslim imams to lead their flocks in recognizing free speech and free exercise of religion as integral part of Islam. It is time for Western societies to stop asking Muslims what they feel every time radicals perpetrate yet another spectacular act of violence. Only then will "Je suis Charlie" find real meaning.
As they enlarge the blanket scrutiny of Muslims without individualized suspicion, French law enforcement is more likely to waste resources investigating innocent people. Meanwhile, the guilty have more opportunity to plot undetected.
Italy is a marvelous cultural country. I am not biased when I say it -- there are many reasons to believe it.
Within hours of the mass shooting of artists and journalists, thousands congregated in public squares across France, Western Europe and North America, with placards, press cards and pens thrust into the air, displaying quiet, poetic power.
The attack on Charlie Hebdo has similarly sparked reinforced public support for freedoms -- first and foremost the freedom of expression, a pillar of the French republic.
Twenty five years later, I am still in the U.S. I return each summer to the city that I love. I still feel the frustration in Parisians souls. People are scared, people are fed up. Yes, it is a beautiful city and will always be.
What happened in France was shocking and tragic, but not entirely surprising. Considering the various incidents happening at the same time across Europe, it is not difficult to conclude that the issue of Muslims in Europe will pose a huge challenge to society, including the question of law and order, in the coming time. Dealing with it is a matter of top priority.
Far from being an empty rhetorical effect, Xi Jinping's New Silk Road will not only be one of the most discussed topics of 2015, but it will profoundly mark China's coming decade and reshape Eurasia.
Greece is facing front, looking towards the new year and the upcoming January elections. But it would be foolish not to learn from a look backwards, as well.
In 2014, Vladimir Putin discovered his inner Trotsky. For what Russia's president is now offering Ukraine is a perverse twist on the formula Trotsky proclaimed during the peace negotiations at Brest-Litovsk in 1918: "No war, no peace."
There is a common misconception that the euro area is a monetary union without a political union. But this reflects a deep misunderstanding of what monetary union means. Monetary union is possible only because of the substantial integration already achieved among European Union countries -- and sharing a single currency deepens that integration. If European monetary union has proved more resilient than many thought, it is only because those who doubted it misjudged this political dimension.
In the last few years, tens of thousands of innocent civilians, including school children, were slaughtered in Syria, Iraq, Libya, Afghanistan and Pakistan by Muslim extremist minorities. Overwhelmingly, the victims of these extremists have been fellow Muslims.
The eurozone cannot remain stuck in the Treaties and Pacts that currently defines it; moreover, they are inapplicable and not implemented and nothing is worse than a political Union based on texts trampled underfoot every day.