The Fed would have to abandon its interest rate fetish, and target the price of something real.

FORBES: Hey, Ben Bernanke, How About A Return To Normalcy?

Worries are mounting about one of Europe's benchmark interest rates, after another bank on Wednesday decided to abandon the panel that sets the rate.

WSJ: Third Bank Exits Euribor Panel

George Soros, for example, famously bet against the pound and forced the British government to abandon its membership of Europe's exchange-rate mechanism in September 1992.

ECONOMIST: The Tobin tax: Roasting an old chestnut | The

As disappointing as this news might be to some investors, it is hard to fault the company for opting to abandon a business that has not produced its expected rate of returns.

FORBES: Is It Time To Dump Texas Instruments?

It is also unclear whether Suncor and Syncrude, two companies which together account for almost half of the output from the oil sands, can be persuaded to abandon voluntarily Crown contracts that entrench their low royalty rate until 2016.

ECONOMIST: Alberta raises oil royalties��but by less than meets the eye

Novelists trafficking in the present would do well to abandon their lingering prejudices against historical fiction as something ready-made and second-rate.

NEWYORKER: Never Happened

Exchange-rate flexibility is more trouble than it is worth, advocates say, so abandon it once and for all.

ECONOMIST: One world, one money