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Government regulators should take their cues from the statistics-obsessed sports geeks of Moneyball and use data and empirical evidence to evaluate rules, instead of relying heavily on intuition, anecdotes, dogmas, and impressions.
The world may expect great things from India, but as extensive reporting reveals, Indians themselves turn out to be deeply skeptical about their country’s potential. That attitude, plus New Delhi’s dysfunctional foreign-policy bureaucracy, prevent long-term planning of the sort China has mastered -- and are holding India back.
Much of the outrage over economic inequality in the United States has centered on the high compensation and lack of accountability that corporate executives supposedly enjoy -- allegedly the result of boards at public companies. The truth, however, is that American CEOs now earn less and get fired more than in the recent past.
Everyone knows that the Internet has changed how businesses operate, governments function, and people live. But a new, less visible technological trend is proving just as transformative: big data.
The results of Europe’s experiment with austerity are in and they’re clear: it doesn’t work. Here’s how such a flawed idea became the West’s default response to financial crises.
A decade ago, when the wars in Afghanistan and Iraq began, the United States chose to immerse itself in the greater Middle East when it had little reason to dive in. But now that most Americans want little to do with the region, U.S. officials are finding it difficult to turn away.
Sub-Saharan Africa’s GDP has grown five percent a year since 2000 and is expected to grow even faster in the future. Although pessimists are quick to point out that this growth has followed increases in commodities prices, the success of recent political reforms and the increased openness of African societies give the region a good chance of sustaining its boom for years to come.
As secretary of state, Hillary Clinton helped restore America’s standing in the world, but she left office with no signature achievement. If she gets her way, her tenure as the country’s top diplomat will come to be seen simply as a stepping-stone to the presidency.
The U.S. energy revolution is not confined to a single fuel or technology: oil and gas production, renewable energy, and fuel-efficient automobile technologies all show great promise. To best position the country for the future, U.S. leaders should capitalize on all these opportunities rather than pick a favorite; the answer lies in ‘most of the above.’
Since the end of the industrial age, Americans have worried about improving their education system. But the country has never been able to make much progress. Other nations do it better, and the United States must learn from their examples if it hopes to catch up.
Pope Benedict XVI made reaching out to other faiths and promoting Christian unity hallmarks of his tenure. Pope Francis will continue this work, not only because he has a history of facilitating religious dialogue, but also because global Catholicism requires it.
Looming budgetary constraints and the U.S. Army's ongoing downsizing have enhanced the appeal of forces that are lighter, smaller, and cheaper than tanks and other protected vehicles. But not only have armored forces proved critical in yesterday's wars; they will also be needed to win tomorrow's.
Reviews & Responses
Anti-Americanism might have ebbed momentarily thanks to U.S. withdrawal from Iraq and support for the Arab Spring. But hostility is once again mounting in the Arab world. In Amaney Jamal's new book, she tries to determine why.
The Venezuelan revolutionary Simon Bolívar has a remarkably elastic legacy. Ever since his death in 1830, Latin American politicians across the political spectrum have claimed to be his rightful heir. What Bolívar left behind, it turns out, was less a coherent set of ideas than an abstract vision of Latin American unity -- a vision that remains impossible today.