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Globalization Requires the Greater Good to Be Put First

September 20, 2006
In government, the public good is decided either by democratic choice or the coercive decision of rulers. In either case, some decisions made for the public good inevitably go against the wishes of certain segments of the population. In local government, one can oppose decisions by voting in...

Greek Fleet Swells

June 16, 2006
Shipping by sea is a cyclical business, reliant on global trade, and shipping magnates pay close attention to global affairs. Freight rates were at record highs from 2003 to 2005, but have slipped since. Recent developments, all interconnected, cause worries for the shippers: China’s move to...

China and Wal-Mart: The Champions of Equality

June 5, 2008
Workers worry about being on the losing side of trade and losing jobs. But inflation and higher prices can also quickly erode wealth. “National statistics ignore the fact that inflation affects people in different income groups unevenly because the rich and poor consume different baskets of goods...

US Signals Flexibility on N. Korea

February 12, 2007
Determined to end North Korea’s nuclear weapons program, the US could be willing to take steps toward normalizing relations as soon as disarmament begins, reports “The Financial Times.” US sanctions on North Korean financial assets discouraged other banks from working with the rogue state, and...

North Korea Curbs Brinksmanship During Iraq War

April 8, 2003
Since the Iraq War began, North Korea has been waiting its turn, expecting to become either a target or a dialogue partner for the US. Notably, Pyongyang hasn't made any moves to further develop nuclear weapons, in what one observer describes as "an unspoken pact" to keep the peace...

A New Day for a Divided Peninsula

Shim Jae Hoon
January 16, 2008

Uygur Detainees: Canberra Caught in Diplomatic Vice

June 4, 2009
The US has asked Australia to resettle a small group of Uighurs that, though released from prison, remain at Guantanamo Bay. They were captured in Afghanistan during the US sweep against the Taliban, but no proof of their involvement as terrorists has been found. As a result, the Uighurs, a...

Are They Winning?

March 30, 2005
France's claim to be one of the principal architects of the European Union (EU) may falter if, as recent poll numbers suggest, its citizens reject the EU constitution in a May 29th referendum. Though the recent decline in support for the draft constitution may be a statistical aberration,...
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