For the past 70 years, Japan has been a crucible of experimentation in economic policy. During its go-go years, Tokyo’s unusual practices to spur rapid growth became a model for much of the rest of Asia, while its unconventional attempts to revive its post-bubble economy have helped economists understand what should and could be done to recover from financial ...

  The Aug. 5 opening of the 2016 Summer Olympics is still a week away, but Rio de Janeiro mayor Eduardo Paes is already playing catch-up. A squad of blue overall-clad plumbers, electricians and custodians descended on the Athletes Village this week for emergency repairs. It turns out the brand new, $900 million complex of apartment buildings — “the best ...

When President Barack Obama is trying to persuade Americans not to do something, he has a go-to line: “That’s not who we are.” Whether the issue involves discrimination, immigration, torture, criminal violence or health care, he invokes the nation’s very identity. And he likes to follow it by adding, “We are better than that.” In this way, throughout his political ...