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Wealth of Nations

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  • Bush Global Initiative: Japanese Baseball with Koizumi

    Katie Paul | Nov 4, 2009 03:29 PM

     
    Bush and Koizumi, together again. (Photo by JIJI PRESS/AFP/Getty Images)

    Some former presidents launch foundations. Others visit Arabian palaces. George W. Bush? He's over in Tokyo, throwing out the first pitch at the Japanese equivalent of the World Series alongside Junichiro Koizumi, the former prime minister of Japan. As far as foreign leaders go, Koizumi was the closest thing Bush had to a BFF. We're guessing they have lots to talk about, since both, you may recall, saw the political alignment of their countries shift under their leadership.

    The Gagglers have the backstory.


  • Leading Indicator: Finland, The World's Most Prosperous Nation

    Newsweek | Nov 4, 2009 12:00 PM

    Ashley Cooper, Corbis
    Source: Legatum Institute
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  • ICBMs Without Nukes: USA's Best New Weapon?

    Newsweek | Nov 4, 2009 06:10 AM

    By Benjamin Sutherland

    How might the United States ratchet up pressure on foreign enemies and threats, wherever they are on the globe, while reducing the need to station warships, planes, and troops within striking distance? A new type of weapon might do the trick--and even facilitate President Barack Obama's efforts to reduce the U.S. arsenal of nuclear warheads, which are of limited use against terrorists anyway.
     
    THE IDEA: The Department of Defense is designing nonnuclear intercontinental ballistic missiles, which could be operational in less than two years. Packed with conventional explosives, they would be able to strike pretty much anywhere on the planet within one hour. ICBMs travel above the atmosphere, so they avoid most radar systems and the airspace of countries en route. For this capability, the U.S. is "willing to pay a great deal," says Mark Lewis, the Air Force's top technology official until his retirement this year.

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