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Convincing every major economy of the virtues of a bank tax, though, remains the biggest challenge. Canadian Finance Minister Jim Flaherty, for instance, rejected a bank tax out of hand earlier this month, favoring instead a wider implementation of some of the tough rules that left his country's banks...

Author: /time Magazine | Title: In Europe, a Tax on Banks Gains Momentum | 3/26/2010 | See Source »

It's bad timing that the glowing, indeed craven, China's Megatrends appears just as the world is rethinking China's rise. Google's threat to pull out of China, friction over the Dalai Lama, problematic international access to China's domestic market, the country's flawed regulatory environment, its...

Author: /time Magazine | Title: Why China's Megatrends is a Disappointment | 3/22/2010 | See Source »

The Virtues of Compromise These issues are political dynamite. Devolving power to Kurdistan or to the Shi'ite south - the two safest, richest parts of Iraq - could reignite the civil war between Shi'ites and Sunnis or start an additional one between Arabs and Kurds. But to centralize all power...

Author: /time Magazine | Title: Iraq's Messy Democracy | 3/15/2010 | See Source »

In the early 1980s, the philosopher Alasdair MacIntyre related a similar concern on a broader level; although we rate many things “good” or “bad” and pretend to operate as if we have absolute definitions these values, we in fact we...

Author: By Marcel E. Moran | Title: After Virtue and Basketball | 3/12/2010 | See Source »

And so the beat will go on in sports, like morality, as more teams, players, and coaches are deemed “the best this” and “the greatest that” while absolute worth remains to be defined. Such praise should not continue to be...

Author: By Marcel E. Moran | Title: After Virtue and Basketball | 3/12/2010 | See Source »

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