'Why Nations Fail' co-author Daron Acemoglu suggests that centralized power, rule of law, and open competition are the keys to national success.
A two-day blackout for half of India was caused in large part by a massive theft of electricity. Many countries have yet to break the link between wholesale corruption and the stealing of power. Such widespread dishonesty can slow a country's growth.
House minority whip Steny Hoyer says if 2010 was the year of the angry American voter, 2012 is the year of the anxious voter. The Maryland Democrat also says current Congress is 'least productive and most confrontational' he's ever served in.
National Cheesecake Day kicks off with discounts from The Cheesecake Factory and free cheesecake elsewhere. A possible cheesecake tie to the first Olympics garners extra attention for National Cheesecake Day.
Olympics 2012: The Olympics provide parents a chance to teach their kids about different countries, sportsmanship, and motivation. Get in the spirit of the summer Games with six alternative ways to celebrate at home.