Instead of party leaders selecting members of Congress to form a super committee to hash out problems, Steven J. Brahms suggests full houses of Congress make the picks using the minimax procedure.
The former chief economist for the IMF discusses the unfairness of the existing American financial infrastructure and the complex policy prescriptions that seek a remedy.
As the governments of Euro-zone states totter and fall, a public works project in Spain illustrates the sort of thoughtless expenditure that underlies their economic distress.