Word: crisises
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"Presidents come and go," observed former President and Chief Justice William Howard Taft, "but the Supreme Court goes on forever." That prospect troubles historian James MacGregor Burns, whose 15th book is a provocative assault on the "imperious" court and its tightening grip on governmental power. Unaccountable Justices have seized the...
7 | Honduras Contested Coup After being spirited from the country in a June 28 coup that sparked protests both for and against his rule in Tegucigalpa, the capital, Honduran President Manuel Zelaya addressed the U.N. General Assembly to argue for his reinstatement. While coup leaders say Zelaya's removal was...
Before the financial panic of last fall, many business and government leaders in the BRIC countries spoke confidently of "decoupling" from their economic reliance on the U.S. Such talk faded as a subsequent collapse in global trade left no nation untouched. Yet with their big populations and growing middle classes...
And so while U.S. economic dominance appears to be giving way to something more muddled, this doesn't imply absolute decline. The U.S. retains a lot of strong points - great universities, millions of ambitious immigrants, a culture that celebrates risk-taking - that are hard for any other nation to match...
In fact, the U.S. might turn out to be more competitive. American dominance has in recent years been a mixed blessing. Many countries got addicted to selling to American consumers and poured capital into the U.S. to keep the buying going. These inflows kept the dollar strong, making life tough...