Many bemoan the fact that financial crisis and deep recession did not lead to constructive reform in most countriesat least not sufficient reform. But in Iceland it has led to attempts to rewrite the constitution for the better. Democratic government may well improve there.

How well is the United States really doing? Money isn't everything, says this economist. He takes a broader look at the standard of living in the United States compared to other rich nations and finds the United States lags in several key ways, including the fact that Europeans are now taller on...

This economist analyzes the growth of China and India differently than most. He examines whether conventional sources of growth can explain the good performance of both nations, and finds that they can. Thus, growth in these countries is not an exception but the result of a variety of beneficial...