George Friedman will be watching how one last piece of the global financial crisis plays out very carefully. Peter M.J. Gross explains.
Television in South Africa, "living-in-the-web," how US politics got so insane, and "What Happens in the Brain When We Misremember," are among the topics covered in the latest Weekend Reads from Lauren Foster.
According to this provocative book, the US economy is morphing into crony capitalism, a system in which business success is fostered by relationships between business and government. To gain a competitive edge or to limit competition, business interests lobby the government to tilt — rather than level — the playing field by granting their particular companies special favors. The end result is a system in which the few are enriched at the expense of the many.
The two-day Obama-Xi summit at the Annenberg Retreat in California was an unprecedented event in relations between China and the United States. The focus of the summit, as reported, was on enhancing understanding and not on determining immediate deliverables. The summit concluded last week, so we asked readers this week whether they expect to see major changes in China-US relations going forward.
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