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After its sweeping win at the Oscars last Sunday, Slumdog Millionaire seems like the movie everyone wants, and perhaps needs. It has all the ingredients of escapist fare from the Great Depression — a populist hero who overcomes all odds to get the girl and the money. There’s an added element of self-congratulation for the…

The government is trying to solve the problem of toxic assets that have infected America’s biggest banks. But apparently it hasn’t disinfected its own toxic asset — political ideology. It was ideology that made House Republicans vote against the first bailout in September, a bailout proposed by their own party. Ever since, the same ideological…

What can we do when one man’s Paradise is another man’s brutal dictatorship? This question faces the world once again with regard to Pakistan. It was announced on February 16th that the Pakistani government had reached an agreement with the pro-Taliban insurgents in the turbulent northwest region of that country. In exchange for peace, the…

Strange as it sounds, the recent collapse of the economy was predicted in a nursery rhyme. Every child in past generations learned it, although I don’t know if they do now. For want of a nail the shoe was lost. For want of a shoe the horse was lost. For want of a horse the…
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