The trouble with stock options

The world this week

Leaders

Worried in Beijing

Merely by showing that an independent organisation has the power to influence millions of people, the Falun Gong shows communism cannot endure in China

The BBC’s begging bowl

If you want to assure the BBC’s future, the best way is not to give it more public money but to give it less

Barak’s clumsy start

Israel’s new prime minister is not living up to expectations

Sense and non-scents

Halifax, in Nova Scotia, has a useful lesson to teach the world

Shooting the messenger

Japanese regulators have banned the derivatives arm of Credit Suisse First Boston. They should have attacked those dealing with it instead

Letters

Letters

Briefing

POLITICS BRIEF

The gavel and the robe

Established and emerging democracies display a puzzling taste in common: both have handed increasing amounts of power to unelected judges. The fourth article in our series on changes in the mature democracies examines the remarkable growth and many different forms of judicial review

Share and share unalike

Company bosses and, increasingly, employees love share options. But their economic drawbacks may outweigh their advantages

Europe

Spain and General Pinochet

Long shadows

Romania and Bulgaria

The tortoise and the hare

Hungary’s history

Past but present

Science & technology