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Spain Doesn’t Lack Housing Ideas. It Lacks the Will to Pay for the One That Works.
Spain has land for 1.8 million homes and a public housing stock a third the size it needs to be. Ahead of November 29, every party has a plan. Almost none will fund the one that closes the gap.
19 October 2026 · 13 min read
Madrid's Formula 1 Circuit Wasn't Free. It Just Moved the Bill.
Madrid says its new F1 circuit cost the public nothing. A look at who built it, who's on the hook if it goes wrong, and who keeps the money says otherwise.
1 October 2026 · 10 min read
The Real Defense Problem Isn't Buying American. It's Buying Alone.
Two competing sets of statistics tell opposite stories about who is winning Europe's defense boom.
17 September 2026 · 14 min read