It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets.

A good rule of thumb for many things in life holds that things take longer to happen than you think they will, and then happen faster than you thought they could.

It used to be said that when the U.S. sneezed, the world caught a cold. The opposite is equally true today.

It says something about this new global economy that USA Today now reports every morning on the day's events in Asian markets.

One of those disturbing tendencies in academic life is that there is a desire on the part of many in the name of open-mindedness to fall into a kind of relativistic denialism in which all positions are equally legitimate, all positions must be respected, and compromise must be entered into no matter what the starting point or reasonableness of the two parties.

In the history of the world, no one has ever washed a rented car.

If you look at the history of the American capital market, there's probably no innovation more important than the idea of generally accepted accountancy principles.