We have been studying Washington politics and Congress for more than 40 years, and never have we seen them this dysfunctional. In our past writings, we have criticized both parties when we believed it was warranted. Today, however, we have no choice but to acknowledge that the core of the problem lies with the Republican Party.

We simply have to face the fact that banking is fundamentally risky. As I decided long ago when working in banks, the reason we needed to wear dark suits and have classic buildings was to look conservative in order to offset the real riskiness of what we were doing. 

Biopharma – especially big pharma – gets all sorts of grief for being large, stodgy, and unable to innovate (or evolve); this Corey Goodman interview represents the perspective well.

Before writing off these companies entirely, however (an ignorant reaction in any case),...

While biopharmaceutical companies may be thought of as mission oriented, they are almost certainly the poster children for adaptation. They need to focus on finding the most pressing relevant issues to help their patients.

There are some ideas that, no matter how often they rise and how spectacularly they fail, just won't go away. Perpetual motion machines, for example. Passive exercise machines. Diets that work. These technologies sound great in theory, but don't seem to pan out in practice. Add to the list, electric (or largely electric) cars.

There has been much gnashing of teeth and rolling of eyes over eurozone leaders' repeated inability to solve their financial crisis once and for all. The rest of the world can best help, the reasoning goes, by shouting exhortations at Europe to just try harder. But what, exactly, are Europeans being urged to do?

The Obama administration and Western governments may embrace democracy for Libya, but rhetoric is not enough. Obama must make a fundamental choice: Which is more important, democracy in the process of reconstituting a new government or democracy as the result?

A new book's cartoonish view of development mars a keen portrait of India today.