Government budget crises can be painful, but the political rhetoric accompanying these crises can also be fascinating and revealing. Perhaps the most famous American budget crisis was New York City's, back during the 1970s.
Last Friday I spoke to more than 200 Republican House Members at the House Republican retreat in Baltimore. I was one of three on a panel on the budget, chaired by House Budget Committee Chairman Paul Ryan.
Tunisias’s “President” has been overthrown. Zine al-Abidine Ben Ali controlled Tunisia and its people for twenty three years, creating “stability” by developing a repressive police state.
Robert Dudley, CEO of British Petroleum, and Igor Sechin, Russian Deputy Prime Minister and board chairman of Rosneft, announced a new mega-deal between BP and the state owned Russian oil company.
On December 16, the Saudi city of Medina witnessed severe clashes between Sunnis and Shiites at the time of the annual Ashura gathering, when Shiites commemorate the martyrdom of Husayn, grandson of the Prophet Muhammad.
Some economists argue that the efforts now underway to reduce government spending as a share of GDP will have adverse effects on unemployment. This is not what the data show.
“Rachel Maddow is no Glenn Beck,” Michael Kinsley recently observed. Kinsley is a journalist of deep experience and sharp intelligence, doubtless among the best in his craft. But this time his liberal outlook shows, for in truth Maddow and Beck are creatures of the new media
Peterson: A few weeks ago, I, together with Eric Hanushek and Ludger Woessmann, issued a report showing that the United States ranked 31st in the world at bringing 15 year olds up to an advanced level of math achievement.
Advancing a Free Society is the Hoover Institution’s institutional blog. It serves as a platform for original brief analysis that clarifies and enlightens.
