Most Popular
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Tensions heighten ahead of first president-opposition chief meeting
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Seoul to provide housing subsidy to married couples with newborns
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New celebrity-endorsed therapy for face contouring requires only a pair of rubber bands
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Rapper jailed after public street fight with another rapper
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[KH Explains] No more 'Michael' at Kakao Games
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Nominee for chief of anti-corruption body pledges 'independence, effectiveness'
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Med schools expect 1,500+ new admission slots next year
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Woman gets suspended term for injuring boyfriend with knife
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Samsung chief bolsters ties with Germany’s Zeiss
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KT launches new mobile plans for foreign residents
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[Michael O’Hanlon] The United States still has a promising future
Amid all the talk of gloom and doom in the United States, with the stock market’s near-crash and the renewed threat of a double-dip recession, it is worth pausing to remember that the United States remains the greatest country on Earth. It is also the country with the most promising future. I make t
Aug. 18, 2011
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[Edward Glaeser] Targets for future spending cuts
There is a time to spend and a time to cut and we are now in an age of austerity. Even since Standard & Poor’s downgraded the U.S.’s “AAA” credit rating earlier this month, some Keynesians still favor more spending. They say the threat that the economy will dip back into recession calls for more pub
Aug. 18, 2011
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[Uri Dromi] Voice of protest in Israel says enough is enough
For the last few weeks, Israel has been experiencing an unprecedented phenomenon: Hundreds of thousands of people are rallying in the streets, demanding social justice. The numbers are mind-boggling: 300,000 Israelis is the equivalent of 18 million Americans. And this is not a one-shot rally. The pr
Aug. 18, 2011
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[William D. Cohan] Ending the moral rot on Wall Street (Part 3)
The following is the last installment of a three-part article on Wall Street corruption and remedies for it. ― Ed.Since 1970, when financial companies began selling shares to the public, the industry has ensnared the rest of us in repeated crises of its own making. There was the crash of 1987 and th
Aug. 18, 2011
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[Nouriel Roubini] Market-oriented economy doomed?
NEW YORK ― The massive volatility and sharp equity-price correction now hitting global financial markets signal that most advanced economies are on the brink of a double-dip recession. A financial and economic crisis caused by too much private-sector debt and leverage led to a massive re-leveraging
Aug. 17, 2011
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[William Pesek] Economic suicide is only a scandal or two away
The Philippines can be a scandalmonger’s paradise. At this very moment, editors are pressed to decide which controversy goes on the front page: the suicide story, the car scam, Chopper-gate or the asylum follies. Each of them sells newspapers and each is linked to a central figure: Gloria Arroyo, wh
Aug. 17, 2011
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[Nina Khrushcheva] Democracy and walls of August
MOSCOW ― History’s milestones are rarely so neatly arrayed as they are this summer. Fifty years ago this month, the Berlin Wall was born. After some hesitation, Nikita Khrushchev, the Soviet Union’s leader, allowed his East German counterpart, Walter Ulbricht, to erect a barrier between East and Wes
Aug. 17, 2011
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[Simon Johnson] The real U.S. crisis is not the debt downgrade
The U.S. has a fiscal crisis, but not the one that everyone is talking about. Standard and Poor’s proved beyond a reasonable doubt that the U.S. still has the world’s preeminent reserve currency. When shocks hit ― and investors have no idea who or what might be next in line for a downgrade ― they bu
Aug. 17, 2011
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[William D. Cohan] Ending the moral rot on Wall Street (Part 2)
The following is the second installment of a three-part article on Wall Street corruption and remedies for it. ― Ed.Was all of this immoral, unethical and illegal behavior a mere aberration, brought on in the years leading up to the financial crisis by an atypical combination of greed and hubris? Sa
Aug. 17, 2011
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[David Ignatius] Department of Internet Defense
ASPEN, Colo. ― “Cyber-security” is one of those hot topics that has launched a thousand seminars and strategy papers, without producing much in the way of policy. But that’s beginning to change, in one of 2011’s most important but least noted government moves. This summer, with little public fa
Aug. 16, 2011
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[Bob Keeler] Chipping away at Environment Protection Agency
Long before he became our president, Ronald Reagan was widely known for a line he delivered often: “At General Electric, progress is our most important product.” What he didn’t emphasize was GE’s other important product: pollution. The huge company is fully or partly responsible for dozens of Superf
Aug. 16, 2011
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[Kim Seong-kon] K-pop is not enough on its own
Despite the increasing popularity of K-pop and Korean TV dramas overseas, Korean literature does not seem to attract foreigners’ attention much. With the possible exception of Shin Kyung-sook’s “Please Look after Mom,” which was on the New York Times bestseller list for a while, Korean literature in
Aug. 16, 2011
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[William D. Cohan] Ending the moral rot on Wall Street (Part 1)
The following is the first installment of a three-part article on Wall Street corruption and remedies for it. ― Ed.What will it take for Americans to finally get the message that much of Wall Street, in its current form, is a corrupt enterprise in need of a top-to-bottom overhaul, a task that the ye
Aug. 16, 2011
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[Pankaj Mishra] London’s rioters are Thatcher’s grandchildren
I am often asked, when in the U.S. or Europe, whether I feel frightened while traveling through such obviously dangerous places as Afghanistan and Kashmir. It’s hard for me to explain, and so I never confess, that I feel more insecure on the streets of Tower Hamlets, a London borough just south of T
Aug. 16, 2011
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[Joel Brinkley] Settlements keep Mideast unsettled
GUSH ETZION, West Bank ― Shaul Goldstein knows that most everyone on earth dislikes him and his kind. For some it’s visceral hatred. For others he represents the largest obstacle to solving a problem everyone everywhere wants resolved.“We are the enemy of the world,” he volunteered without any promp
Aug. 15, 2011
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[J. William Leonard] When national secrecy gets out of hand
Every 6-year-old knows what a secret is. But apparently our nation’s national security establishment does not.Consider this strange case from earlier this year. On June 8, the National Security Agency, a top-secret government spy agency, heralded the “declassification” of a 200-year-old publication,
Aug. 15, 2011
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[Brahma Chellaney] Ethnic tremors an obstacle to stability in China
NEW DELHI ― In the face of spreading civil unrest among China’s Uighur population, the Chinese government’s love-fest with its all-weather ally, Pakistan, may be starting to sour. Indeed, the authorities in China’s Xinjiang province are charging that a prominent Uighur separatist that they captured
Aug. 15, 2011
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[Seth Masket and Hans Noel] Don’t look to a third-party candidate to lead U.S.
Santa Claus, the Easter Bunny, Barack Obama and an independent and pragmatic president beholden to no party, ideology or interest group are walking down the street. At the same time, all four spot a dollar bill on the ground. Who gets the dollar?Obama, of course. The other three are figments of your
Aug. 15, 2011
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[Rachel Marsden] A disconnect on immigration
Ipsos has just released a poll measuring citizens’ perception of immigration in 23 countries. Despite what politicians around the world would have their countrymen believe, the average person isn’t buying the benefits of current immigration policy.The poll proves that our collective gut is indeed in
Aug. 15, 2011
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[Robert Reich] Jobs bill needed to stop double-dip
Republicans repeatedly assured the nation that once the debt-limit deal was done ― capping spending, cutting the budget deficit, and getting “98 percent” of what they wanted, according to House Speaker John Boehner ― the economy would bounce back.Guess what? Just the opposite seems to be happening.
Aug. 14, 2011