Commentary archive

  • Portrait of Joschka Fischer

    Ignoring Serbia

    Berlin – Just before Christmas, Serbia’s government formally submitted its application for European Union membership. A few days earlier, v…

  • Portrait of George Soros

    Spanish Leadership for Europe’s Roma

    NEW YORK – Continued discrimination against Roma in Europe not only violates human dignity, but is a major social problem crippling the dev…

  • Portrait of John Lee

    China Unbound

    Sydney – The appointment of five provincial-level Chinese Communist Party chiefs in early December is a reminder that the ascension of China…

  • Portrait of Dmitri Trenin

    The Kremlin Two Step

    Moscow – Westerners often see Russian politics in terms of a high-level struggle between liberals and conservatives: Ligachev and Yakovlev …

  • Portrait of Naomi Wolf

    How Women Go Bankrupt

    As the world struggles to emerge from the economic near-collapse of last fall, there is one sub-group that has slid below the waterline in r…

  • Portrait of J. Bradford DeLong

    The Fairness of Financial Rescue

    BERKELEY – Perhaps the best way to view a financial crisis is to look at it as a collapse in the risk tolerance of investors in private fin…

  • Portrait of Chris Patten

    Bad Money, Good Money

    London – The British comic genius Spike Milligan once observed that he would love to have the opportunity to discover that money wouldn’t ma…

  • Portrait of Tony Blair

    A Time of Tests

    LONDON – This is a tough time to be a decision-maker. We live in an era of low predictability. The world appears in constant flux. The cha…

  • Portrait of Martin Feldstein

    Is Gold a Good Hedge?

    CAMBRIDGE – As I walked through the airport in Dubai recently, I was struck by the large number of travelers who were buying gold coins. The…

  • Portrait of Jerome C. Wakefield

    Is Sadness a Disease?

    NEW YORK – Sadness is one of the small number of human emotions that have been recognized in all societies and in all time periods. Some of …

  • Portrait of Wolfram Lacher

    The Rising Sons of North Africa

    LONDON – The role played by Libyan ruler Muammar al-Qaddafi’s son, Saif al-Islam, in gaining the release of the Lockerbie bomber Abdelbaset …

  • Portrait of Hans-Werner Sinn

    Insecure Securities

    MUNICH – Once upon a time, stocks were risky and collateralized securities were safe. That time is over, as the breakdown of the American m…

  • Portrait of Sergei Karaganov

    Will Russia Save the West?

    MOSCOW – Rapid changes in the global economy and international politics are raising, once more, an eternal issue in Russia: the country’s r…

  • Portrait of Carol Mann

    Afghanistan’s Customary Anguish

    FARAH , AFGHANISTAN – When the problems riddling Afghan society are listed – violence, insecurity, corruption, religious fundamentalism – …

  • Portrait of Mark DeWeaver

    China’s Excess-Capacity Nightmare

    SHANGHAI – Back in 1958, the year of China’s ill-fated “Great Leap Forward,” Chairman Mao had big plans for the steel industry. While produc…

  • Portrait of Ronald Gilson

    Breaking the Bankers?

    The plot of the morality play set in motion by the United Kingdom’s announcement of a 50% tax on bankers’ bonuses has now taken form. And it…

  • Portrait of Barry Eichengreen

    South Korea’s G-20 Challenge

    BERKELEY – On January 1, South Korea takes over the G-20 chairmanship from the United Kingdom. Korea is not the first emerging market to ch…

  • Portrait of Michael Spence

    Investment Strategy after the Crisis

    MILAN – Investors have been hit hard by the current crisis. Lessons are being learned and investment strategies revised. The central lesso…

  • Portrait of Jeffrey D. Sachs

    Obama Undermines the UN Climate Process

    New York – Two years of climate change negotiations have now ended in a farce in Copenhagen. Rather than grappling with complex issues, Pre…

  • Portrait of Lucian Bebchuk

    Who Should Be Bailed Out?

    CAMBRIDGE – As governments around the world develop policies to deal with failing financial institutions, they should be sure to pick their …

  • Portrait of Robert Skidelsky

    In Regulation We Trust?

    LONDON – From next year, on swearing allegiance to the Queen, all members of Britain’s House of Lords – and I am one of them – will be requi…

  • Portrait of Jose Manuel Barroso

    Europe’s Rising Global Role

    BRUSSELS – Twenty years after the fall of the Berlin Wall and the end of the Cold War, the contours of world order are still in the making…

  • Portrait of Jorge G. Castañeda

    Mexico’s War of Choice

    MEXICO CITY – Three years ago this month, Mexican President Felipe Calderón donned military fatigues and declared a full-scale war on drugs…

  • Portrait of Esther Dyson

    Listen to Me!

    SAN FRANCISCO – Last week, I wrote a 140-character hotel review on Twitter: “Galleria Park Hotel SF rejects noise complaint from ill-traine…

  • Portrait of Michael Meyer

    Bear Hunting in Romania

    NEW YORK – Nicolae Ceausescu liked to hunt bear. With his retinue, he would retreat to a lodge in Transylvania and sally forth, locked and l…

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