The Responsibility Revolution

We have always known that heedless self-interest was bad morals,” FDR said in 1937, in the midst of the Great Depression. “We know now that it is bad economics.” We learned this all over again after the collapse of Lehman Brothers, the shame of subprime mortgages and the brazen Ponzi scheme of Bernie Madoff.

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French Small Business Booms with Auto-Entrepreneur Plan

“The problem with the French,” former U.S. President George W. Bush purportedly once said in a snarl of disgust, “is they have no word for entrepreneur.” That quote is probably apocryphal — which is a rather good thing for W.

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Bad-boy Symonds axed for alcohol incident

The turbulent cricket career of Andrew Symonds took another twist on Thursday when the Australia all-rounder was sent home from the World Twenty20 tournament in Britain for an "alcohol-related incident". The 33-year-old’s international future is now in grave doubt following the latest in a series of controversies, having only just returned to the national squad after being suspended for missing a team meeting last year.

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Germany’s Solution to Big Auto’s Woes: Scrap That Clunker!

Amid the gruesome headlines generated by the world’s auto industry these days, it almost read like a typo: new car registrations in Germany rose 21% year-on-year in February, the country’s Association of the Automotive Industry announced March 3. This, though, was no error. The 278,000 cars put on the road, crowed Matthias Wissmann, VDA’s president, amounted to “the highest level of sales in the month of February for ten years.” Why the splurge German drivers have latched onto a juicy new deal

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