When it comes to food, Japan has lost some of its mystery. Restaurant patrons are conversant with sushi, sashimi, and tempura. Still, there are still layers and layers that some Western foodies have yet to consider.
Despite a host of reforms in the right direction, the financial structures that were in place before the global crisis have not actually changed that much, and they need to if the global financial system is to become a safer place.
If the benefits of living in a city are diminished because the Internet brings access to the world to you, then why deal with the high real estate prices, traffic, crime, pollution and difficulty of living alongside millions of other people?
Mitt Romney was caught on video complaining that 47 percent of us don't make enough to pay taxes, believe they are victims, are dependent on government, etc. The right question is why do so many of us make so little?
It has been 20 years since I've been in Mongolia, the large country of high desert plains sandwiched between China and Russia, and a lot has changed. Some of it is for the better, a lot of it for the worse. And much of it has to do with globalization.
A rapid shift in economic power is occurring, but we already knew that. What matters is whether the rise of emerging markets will deliver the distributive justice that capitalism has historically promised.
One effort at defining advertising -- this modern phenomenon that is so much a part of contemporary life -- stands above all others. The British social theorist Raymond Williams dubbed it the official art of capitalist society. In doing so, he located it in time, place, and history.
I have never shied away from being a staunch believer in capitalism as an economic system. Not that capitalism is perfect. It is far from it, as evidenced by a myriad of environmental catastrophes, social ills and corrupt behavior.
We are all created equal in the sight of God. Americans are entitled to worry about themselves, but they are morally obligated as well to empathize with and engage in the affairs of others and to recognize the interdependent nature of our world.
I take it as some cosmic law of exchange that if Disneyland pops up in Hong Kong and Tokyo, Buddhist temples can sprout up in Los Angeles. Indeed, it comes as no surprise to many Californians the most complex Buddhist city in the world is here.
The Wealth of Nations describes how the division of labor and the expansion of trade increase production, wealth, and social well-being. Today, not even the most populist politician would dispute the benefits of the division of labor.