The Worden Report
Thursday, January 3, 2013

On the Political Power of Nuclear Power: Japan's Radioactive Plutocracy

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Reversing his campaign pledge to reduce Japan’s reliance on nuclear power even as he had just been elected as prime minister of Japan in ...
Saturday, December 29, 2012

Mario Monti: Succumbing to Power?

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He was supposed to have been reluctantly pushed into briefly stepping in as prime minister in Italy to push austerity measures through th...
Friday, December 28, 2012

Averting the "Fiscal Cliff": A Solution Overlooked

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With just days to avert the beginning of automatic, across-the-board cuts in the U.S. federal budget and the end of the Bush tax cuts and p...

José Manuel Barroso: Picking Romania’s Government?

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On December 9, 2012, Romanian voters approved of the coalition of the then-current Prime Minister Victor Ponta, by a two-thirds majority....
Thursday, December 27, 2012

Pot in Colorado: Getting High on American Federalism

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On November 6, 2012, Colorado’s citizens approved with a 55% majority a marijuana-legalization measure that allows residents over the age...
Thursday, December 20, 2012

Is a Stronger E.U. in America’s Interest?

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Is a stronger E.U. necessarily in the interest of the U.S.? According to Ed West of the Telegraph, “it’s not clear whether a united Europe ...
Thursday, December 13, 2012

A British Referendum on the E.U.

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Legislators can make the task of getting instructions from the popular sovereign, the people, unduly difficult. In November 2012, the Flo...
Wednesday, December 12, 2012

How to Beat the Rap, HSBC Style

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In HSBC’s settlement with the U.S. Government, the bank has to pay $1.9 billion—about half a quarter’s profit—but avoids criminal charges...
Tuesday, December 4, 2012

SEC Goes After Chinese CPA Firms: Beyond Diplomacy

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The Securities and Exchange Commission brought an administrative proceeding against the Chinese affiliates of five major CPA firms, inclu...

Bailouts Without Stimulus: E.U. Policy on Spanish Banks

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Directly and indirectly, the housing bust that began in 2007 put “the bailout” on the map in the lexicon of industrial policy both in Eur...
Saturday, December 1, 2012

Bad PR and Bad Banking: BOA

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How to do bad PR: Announce plans to raise fees effecting low-income customers, then pull back, wait a year, then announce such plans agai...
Monday, November 26, 2012

The Filibuster: States' Rights or a Partisan Ploy?

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Before 1917, senators could filibuster only by talking continuously on the U.S. Senate floor. There was no mechanism to stop them. Such f...

Non-Tariff Barriers to Trans-Atlantic Trade

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Karel De Gucht, the E.U. trade commissioner, said in late November 2012, “There is now, for the first time in years, a serious drive towa...
Sunday, November 25, 2012

Steve Jobs: The Sad Truth about Visionary Leadership

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According to Joe Nocera, Steve Jobs was not a consensus-builder but a dictator. Lest it be objected that this disqualifies him from being...
Friday, November 23, 2012

Mexico’s Name-Change: A United States No Longer?

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Shortly before leaving office, Mexican President Felipe Canderón sent to the Mexican legislature a proposal to amend the state’s constitu...
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