How “Business” Works in China

Despite claims that economics and politics are separate and distinct in Hong Kong and China, the PetroChina IPO certainly would suggest otherwise. In the first week of April, PetroChina finally completed its beleaguered IPO, issuing 10 percent of its share capital....

Breaking the Tokyo Banks?

Back in 1998, the big question in Japan was which, if any, of Tokyo’s big banks could escape collapse. Burdened by massive, non-performing loans, and holding assets (like Tokyo real estate) that had plunged in value, Japan’s big banks were in a serious...

The Eternal Government Quest for Crises

So many “problems,” so many Feds needed to “solve” them. Fighting exhaustion from having invented the Internet, Al Gore strikes again. He seeks to conquer that age-old, cruel, unfair dilemma — whether to work outside the home or stay home...

Celebrate the Industrial Revolution

On April 22, thousands will gather across the country to celebrate Earth Day, a holiday that has risen in the past decade from obscurity to the status of a mainstream, uncontroversial event. After all, who could be against clean air, clean water, and a healthy...

The Curse of Frankenstein

Ever since Mary Shelley wrote the original Frankenstein story in 1818, it has stood as the symbol of a false and destructive idea: the idea that science and technology will inevitably produce monsters. The story of Frankenstein has come to be used, not as a criticism...