Leaders of developed economies now come from a professional ruling class whose survival depends on delivering the fantasy that we can live beyond our means.
Conflict negotiator and writer John Paul Lederach has spent decades seeking new paths to peacebuilding.
Britain's Prince William carries his newborn son, the Prince of Cambridge, into public view for the first time July 23, 2013, outside St. Mary's Hospital in London. Royal officials say Britain's new prince has been named George Alexander Louis.
The joining of the Conservatives' "big society" concept and the Liberal Democrats' power-distribution ideas may help this British coalition overcome their differences.
Markets across the world soared after the European Central Bank promised the creation of a $955 billion rescue fund for eurozone countries with debt problems. But some economists are worried about moral hazard – bailouts leading to reckless spending.
If Britain's Conservative Party is unable to strike a deal with the Liberal Democrats after last week's election, the Tories may look to gain the support of eight members of Parliament from Northern Ireland in order to run the UK government.
David Cameron, whose Conservative party is leading in UK election results, may have the upper hand. But no one party emerged with enough seats to form a government.
Early exit polls show that the opposition Conservative Party got the most seats in parliament. The initial UK election results show it's not an outright majority, but a hung parliament. Next: Days of negotiations over forming a coalition government.