The computer guru at Newsweek's Washington bureau (where I work) graduated from the College of William and Mary in 1983 with a major in English lit, without ever using a...
Anyone proposing stiff taxes on the poor and middle class would, presumably, face an uproar. But lo, such tax proposals exist and have barely aroused protest. President Clinton's budget assumes...
The case for the International Monetary Fund is that the world economy needs a "lender of last resort." This concept usually applies to a nation's economy. It holds that a...
President Clinton's recent performance suggests a striking parallel with the movie "Titanic." Before its release, the buzz was that the film would be a commercial disaster that would never cover...
It is bad form in the column-writing business to refer to your own past columns. But let me temporarily ignore that sensible injunction to recall a column written in June...
The Japanese have an almost infinite capacity for denial. For most of the 1990s, they have reassured themselves that their economy was fundamentally sound. Despite feeble growth (barely more than...
With much fanfare, Washington's new downtown sports arena (the MCI Center) recently opened. President Clinton was there, and the Washington Wizards thrashed the Seattle SuperSonics 95-78. Abe Pollin--owner of Wizards,...
If nothing else, Asia's economic crisis shows that the usual debate over "globalization" is cockeyed. It has asked whether poor countries drain well-paid jobs from rich countries. The answer is...
South Korea is the latest country to succumb to Asia's spreading economic turmoil. It has asked the International Monetary Fund for emergency loans, and the IMF has arranged a credit--with...
"Will the world slump?" asks a recent issue of The Economist. It's a good question without a good answer. All that can be said is that the economic crisis that...