As cold war threats have diminished, so- called weapons of mass destruction-nuclear, chemical, and biological weapons and ballistic missiles- have become the new international bugbears.

Conventional wisdom claims that Japan's "economic miracle" stemmed from its unique model of government guidance and its revolutionary corporate management techniques. An in-depth study proves this seriously wrong. Rampant government intervention has caused more business failures than successes, and a fundamental cautiousness has led Japanese companies to ignore strategic thinking and shun risk. To pull out of its current slump, Japan must embrace competition, innovation, and bold leadership. Micbael E. Porter and Hirotaka Takeucbi

Thomas L. Friedman argues convincingly that globalization is here to stay thanks to the Internet the microchip