My hope is that the Hollande presidency dramatically advances a profound discourse about the meaning of democracy and capitalism, inspiring brilliant minds to propose innovative ideas that can save Europe, America and the world.

What was the situation in Spain? The construction bubble was widely recognized, discussed, worried over and even acted upon in the years before the bust.

Europe is not a lost continent, but a set of countries who are dealing with a crisis of confidence stemming from the awareness that its social system needs to be overhauled and modernized.

Growth in emerging economies has exhibited strong resilience to the downward pull from advanced economies. However, its full potential can only be tapped if all boats are lifted.

As the end of 2011 neared, I looked at the Eurocrisis from a political perspective and concluded that the political system is incapable of solving the problem and probably will fail to do so. The markets will, sooner or later, figure this out.

MEYRIN, Switzerland -- Using a machine kept colder than space, scientists at the world's most ambitious international research facility are puzzling o...