Word: learnedness
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Health-Care Provision As an American who has lived in France for 20 years, I read "Health Lessons from Europe" with the usual delight and guilt-ridden schadenfreude typical of us expats who enjoy the health-care system here [June 1]. Fourteen years ago, I received a letter from the...
Is democracy effective in India? there is always the inevitable comparison with China, which has progressed spectacularly in spite of a vast, impoverished population and an absence of democracy. China's advantage is its far more homogeneous society and its single-party rule, which can easily suppress any social dissent...
That strategy is to stay focused on core banking operations. While bank chiefs in the U.S. and Europe gorged on high-risk subprime lending and complex mortgage-backed securities in a quest for fat returns, Sands avoided toxic assets that got its competitors into trouble. Sands became even more cautious...
Despite or perhaps because of this experience, China, which is known for making deals in unstable conditions and world pariah governments, may now have a leg up on Western oil firms. It has learned an important lesson: keep the locals happy. Says Kamel Al-Rafii, 64, a former economics professor...
The Gist: This year's report from the U.N.'s Office on Drugs and Crime did something that last year's did not: it addressed the "growing chorus" of people in favor of abolishing drug laws altogether. And though its authors maintain that legalizing narcotics would be an "epic mistake...