In terms of future air pollution levels, Pennsylvania’s policy debate over whether to rely on federal Tier 2 or California LEV II automobile emissions standards is much ado about very little.

Circumstances in Russia point to the gradual erosion of legitimacy and political institutions--or a sudden collapse of the regime, like the recent Egyptian antiauthoritarian revolt.

Joseph Brodsky, the Nobel Prize-winning poet, considered the advocacy of poetry as synonymous with the advocacy of human uniqueness.

There exists an Iran that does not admire Ahmadinejad, an Iran that believes in open engagement with the West and an open discussion of history.

Efforts to encourage investor confidence are fundamentally misguided. A skeptical disposition is much better for investors and for the proper functioning of the economy as a whole.

A new form of disclosure is necessary to provide investors with information about the success of companies in creating value and the likelihood of sustaining profitability in the future.

In recent years, accountants have begun to recognize that financial statements prepared under generally accepted accounting principles (GAAP) cannot adequately communicate the value of companies that use internally generated intangible assets--such as software or pharmaceutical designs--to produce their revenues and profits. Since 80 percent of the value of the...

Auditors' opinions sound more certain than they are. The language needs to be changed.