Britain's election was supposed to be about the nation's future in the European Union, but the issue is being given short shrift by both Labour and the Conservatives.
The time, effort and money that will be poured into the battle for the U.S. presidency are enormous, but the difference the outcome will make is limited.
Europe's decision to support the AIIB over U.S. objections reflects its own weakness more than America's.
The history of markets is, in part, the history of lying, cheating and stealing — and efforts to fight commercial crime.
Singapaore's Lee Kuan Yew thought a competent meritocratic government should not only provide order but also guide economic development. The success of "Asian capitalism" seems to prove him correct.
The immediate danger of a run on Greek banks may have eased, but could resume at any point. Neither Europe nor Greece has caved to the other's economic demands because nothing is decided.
For the next two years, the chances are good that the U.S. government will be almost completely paralyzed.
The economics in Thomas Piketty's "Capital in the Twenty-First Century," chosen the Business Book of the Year by the Financial Times, leaves a lot to be desired. But its timing was fantastic.
If the Scottish nationalists had won, they'd have started a risky, costly transition to independence, but the final destination would have been clear. The unionists' victory avoids that short-term pain but prolongs the constitutional uncertainty.
Europe's stagnant economy and the crisis in Ukraine point to gross failures of leadership. Europe's de facto and reluctant leader — Germany — is especially to blame.