Tuesday, August 14, 2012

VALUING THE 2012 OLYMPIC MEDAL COUNT

With the Russians apparently unhappy about their Olympic medals total, which officially put them in fourth place behind Britain, perhaps the time has come for a new method of scoring the medal count. A gold medal could be worth 3 points, a silver 2 and a bronze 1. This system would put Russia ahead of Britain in the medals count. Alternatively, the country's leaders could reflect on the possibility that Russia's longer term economic prospects might be better not only than Britain's, but perhaps even those of China and the United States, given the right political conditions.

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