Word: worldly
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...past 38 years, the world has been engaged in the historical experiment of a monetary system based on a single currency (the U.S. dollar) that has no link to gold. This arrangement was shaky in its early days, in the 1970s, but seemed to work passably well for the next two decades. Lately, though, the dollar standard has been blamed for everything from China's huge buildup of dollars to the financial crisis of 2007 and '08 and a future of rampant inflation that hasn't materialized yet but that many doomsayers are convinced is on the way. And while...
...gold watcher who is chief economist for Canadian money-management firm DundeeWealth. Gold's big attraction as a pillar of the global monetary system is that it isn't beholden to national politics. The downside is that its supply increases fitfully, with no regard for the state of the world economy. That's why John Maynard Keynes called the gold standard a "barbarous relic," and why you won't find anyone outside the goldbug fringe calling for a full return to the gold standard now. But a partial return, in which central banks hold gold as a hedge against financial...
...best inventions of the year [Nov. 23]? I would suggest that those considering cloning adopt one of the millions of shelter animals, then donate the difference to have other animals spayed and neutered. This would help prevent the tragedy of so many unwanted animals in this world--which would be a truly great invention...
...return to Ohio State University, but not reported is that he earned more than $220,000 in bonuses this year--all of which he gave back for student scholarships. Gee leads academics by inspiration. Buckeyes and the nation can now cheer for an OSU academic team that impacts the world with innovation...
THIERRY HENRY, French soccer star, deflecting blame for a handball that led to the game-tying goal against Ireland and earned France a berth in next summer's World Cup finals. Irish pleas for a rematch were denied by FIFA, the sport's governing body...