Just how wrong is one of the many surprising and disturbing revelations that emerge from Globalization and Its Discontents. Part memoir, part primer, part polemic, Joseph Stiglitz’s book recounts the crises that devastated the world economy in the past decade. A former chairman of Bill Clinton’s Council of Economic Advisers and chief economist of the […]

Just how wrong is one of the many surprising and disturbing revelations that emerge from Globalization and Its Discontents. Part memoir, part primer, part polemic, Joseph Stiglitz’s book recounts the crises that devastated the world economy in the past decade. A former chairman of Bill Clinton’s Council of Economic Advisers and chief economist of the […]

Ten years ago, when Al Gore first published his book on the environment, Earth in the Balance, some of his Senate colleagues believed it was so radical it would ruin his career. President George H.W. Bush called him “ozone man,” and claimed, “This guy is so far out in the environmental extreme, we’ll be up […]

Ten years ago, when Al Gore first published his book on the environment, Earth in the Balance, some of his Senate colleagues believed it was so radical it would ruin his career. President George H.W. Bush called him “ozone man,” and claimed, “This guy is so far out in the environmental extreme, we’ll be up […]

I wondered then if he was slyly placing odds on the durability of our new-made marriage. More likely, he was warning us. It was 1975, when the notions of open marriage and no-fault divorce looked ominous, and for a priest in small-town Minnesota, California seemed like the epicenter of apostasy and new twists on sin. […]

Why, then, she would ever write a book is beyond me. Words just sit there. They don’t move. They don’t go away. The author’s media-genic advantages and her theatricality are nullified. Her speed of thought and speech are useless. The pages accumulate, revealing every inconsistency, every mistake, every bad habit, every crutch. If I were […]

While this is happening, China takes notice of the increasingly blatant independence rhetoric from Taiwan’s government. Since the “One China” policy, which holds that sooner or later Taiwan must rejoin the mainland, is holy writ in China, the government in Beijing decides that it’s time to act. Taking advantage of America’s distraction, the Chinese prepare […]

When Batten, the now-retired chairman of Landmark Communications, announced his company’s plan for a 24-hour weather network in 1981, the media and business communities responded with a collective snicker. Though cable was still in its infancy, stations like CNN, ESPN, and MTV were raising expectations. A weather channel, on the other hand, hardly seemed like […]

It’s easy to understand why. Traditional pensions pay off big-time only if you stay with one company for a career, something fewer and fewer people do. If you switch jobs your benefits are frozen in the dollars of the year you quit, their value eroded by inflation. By contrast, 401(k)s come with a regular statement […]

In 1993, U.S. District Court Judge D. Brooks Smith gave a speech to the Pittsburgh chapter of the conservative Federalist Society in which he promoted a strikingly narrow interpretation of the Constitution. Smith declared that “[t]he Framers’ primary, if not sole” intent in vesting in Congress the power to regulate interstate commerce through the Commerce […]