Economy & Budget

Rio Olympics 2016 disaster: No order. No progress.

The 2016 Olympic Games already stand to go down as one of the greatest Olympic calamities in modern history—and the opening ceremonies are still two weeks away. One of the great mysteries of our time is why global cities still vigorously...

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My trip to Washington

Standing on the lawn in front of the U.S. Capitol building in Washington, D.C., I was taken aback. The Capitol sits on top of a small hill, flanked by buildings housing the offices of elected senators and representatives. Just thinking about the...

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The FTC got it right on Herbalife settlement

Last week, the FTC announced a settlement with Herbalife, a 36-year old California nutrition company. The FTC rejected the years-long PR campaign funded by hedge-fund manager Bill Ackman, who demanded that the FTC brand Herbalife a pyramid scheme...

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