As you watch the Super Bowl Feb. 5, spare a thought for the taxpayers in the host city of Indianapolis. The stadium in which the game will be played has been financed largely at their expense and, like so many sports venues built with public money, the cost just keeps growing.
Read MoreIt’s a common belief among Asian- American families that their children are held to higher academic standards than college applicants from other ethnic groups. Such practices were openly acknowledged after investigations at universities like Berkeley and Stanford in the 1980s and 1990s.
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When the world economy heads into crisis, the international currency system often breaks down. This occurs either because debtors can’t meet their obligations, or because creditors fear they are not being repaid in sound money. The first condition exists today in the euro zone; the second is likely to emerge in the China-U.S. relationship.
Read MoreBy now it seems everyone has chewed over Mitt Romney’s gaffe about poor people and spit out the ideologically determined opinion. Speaking this week to CNN anchor Soledad O’Brien after his victory in the Florida Republican primary, Romney blurted out, “I’m not concerned about the very poor.”
Read MoreSo many times when the big credit- rating companies have embarrassed themselves, the world has sighed and chalked it up to a business model that by design invites corruption and incompetence. Perhaps never before have the public’s expectations for the industry been lower.
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Albert R Hunt
Caroline Baum
William D Cohan
Michael Kinsley
Jonathan Weil
Stephen L Carter
Jonathan Alter
Amity Shlaes
Ezra Klein
Enrique Krauze
Clive Crook
Margaret Carlson
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Russia's protest movement faces a major test this weekend, as Moscow plays host to a cacophony of competing demonstrations. The greatest danger: Signs of fatigue among the tens of thousands who have been calling since early December for free and fair elections.
On Jan. 26, the fourth day of the Chinese New Year holiday, most Chinese in Beijing, and across the country, were lazing and paying little attention to anything other than celebratory events. It was a perfect day to break the law.
We usually don't think of the U.S. as a monetary union, but early in its history it essentially was. Unlike the crisis-wracked euro zone, the dollar zone survived its first few decades without a major crisis, providing the fragile young republic with a period of relative stability during which it began to congeal culturally, economically, politically and militarily.
India's ambivalence about modern retailing has brought derision from the West. The government's decision to put off legislation that would have opened India's retail market to foreign investors, announced Dec. 7, led to howls of outrage. On Jan. 10, the government partially reversed course, decreeing that foreigners could own single-brand stores under certain conditions.
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