One consequence of Russia's klepto-capitalist model is the growing appeal of government jobs, with their lucrative opportunities for payoffs.

I think Obama and the economists around him have a very sophisticated understanding of both globalization and the technology revolution and the impact they're having on the world economy and they way they're creating these winner-take-all spirals.

The tragedy of 9/11 and the bloody scrambling-up of the Middle East were painful reminders that the world had not yet reached any end-of-history ideal. But these events mattered less to the assumptions and strategies of huge multinational companies than one might guess.

Sprawling, earnest, and ambitious - its modest title is 'The Future' - Al Gore's new book embodies both the virtues and the flaws of its author. But those hardy souls who slog past the weaknesses will be rewarded by a book that is brave, original and often fun.

The trend of the market is up, not down. Shorting stocks puts you against that trend and thus makes it more difficult to make money.

After a certain point, money is meaningless. It ceases to be the goal. The game is what counts.

Equity is the cushion that protects financial institutions from unexpected changes in the value of their assets. The greater the leverage, the smaller the losses required to wipe out a company's equity, leaving it without enough money to repay the people who hold its debt.

Hair is an issue for most women, and after washing, blow-drying, flat-ironing, curling, braiding, twisting and spending the time and money on it, who wants to mess it up by sweating and having to do it all over again?