Last January, California Governor Jerry Brown declared a State of Emergency following projections of severe drought. State bureaucrats and local officials jumped into action and mandated any number of…
Congress has recently stepped up its efforts to reform the copyright system, which is woefully inadequate to deal with today’s rapidly evolving communication technologies. These efforts began early last…
Private equity is becoming much less private these days. But it is still not clear who will benefit from this new-found openness and accessibility. Not so long ago, private equity operated largely outside…
There are two quiet trends that might very well transform the structure of work in the near future. First, a majority of today’s employees expect to work beyond the traditional retirement age of 65, with…
This week, I can predict with a high degree of accuracy that more than 50,000 car accidents will occur in the US, over 500 of which will involve fatalities. Last week was no different. Is social media…
It’s clear mortgage standards have gotten too tight when even a former Federal Reserve chairman who makes as much as US$250,000 per speech cannot refinance his home. Ben Bernanke complained about his inability…
JPMorgan Chase early last month disclosed that cyber thieves pilfered account data on 76 million households and seven million small businesses over the summer, one of the biggest breaches ever and only…
Federal Reserve Chair Janet Yellen has her work cut out for her if she hopes to change the culture at the world’s most important central bank. Media reports abound with evidence that the financial industry…
Bikesharing has boomed in Europe and North America in recent years following decades of slow growth since its introduction on the streets of Amsterdam in 1965. Like any industry undergoing rapid expansion…
Corporate inversions have been front page news in the US for months with everyone from President Barack Obama to the man on the street expressing a view as their usage has surged. Unfortunately, many of…
Compared to the number of Mexican immigrants entering the US through its southwestern border, migration of Cubans may seem insignificant. Yet the numbers of Cubans coming to the US has soared since Raul…
In nearly half of US states, marijuana business is booming. Although marijuana is illegal under federal law, 23 states have legalized some marijuana use. Colorado and Washington even allow recreational…
The competition to host the Olympic Games has typically been fierce, but an increased awareness of the giant money pit they usually become is convincing some cities to think twice. Earlier this month Oslo…
Foundation essay: This article is part of a series marking the launch of The Conversation in the US. Our foundation essays are longer than our usual comment and analysis articles and take a wider look…
“There is no such thing as too big to jail,” Attorney General Eric Holder announced in a sternly worded video message last May, underscoring that no financial institution “should be considered immune from…
Foundation essay: This article is part of a series marking the launch of The Conversation in the US. Our foundation essays are longer than our usual comment and analysis articles and take a wider look…
Recent months have seen a sharp jump in the value of the greenback, with more gains expected in the months ahead. After a period of prolonged weakness, the US currency once again is walking tall. Americans…
There’s growing pressure on Germany to spend more to support Europe – and for good reason. But it’s proving to be a hard sell to the country’s leaders. Germany’s budget is balanced and the government insists…