As I wrote about last weekend, one can look at the Olympics rankings in a number of different ways. Even without weighting medal counts, one has to decide whether to rank countries by gold medals (as the IOC does) or by total medals (my personal preference). The New York Times looks at both in an interesting ranking chart.
The piece also lets you account for population.
Credit for the piece goes to Matthew Bloch, Shan Carter, and Amanda Cox.