Yesterday’s report by Standard & Poor’s on the U.S. government’s credit rating is driving headlines. You can learn a lot more from reading the primary source document than from news coverage of it...
We in the West have a tendency to wrap ourselves in the mantle of virtue when using military force, which is no bad thing except when it leads to sloppy thinking about how to use force effectively...
Keith Hennessey, former director of the White House's National Economics Council under President George W. Bush, talks about Standard & Poor's decision to change the U.S.'s credit rating outlook to "negative" and the impact of the change on policy makers...
