Trust-fund reserves will run out late next year. Obama’s solution is a bad idea, but reform is still needed.

At a time of lackluster economic growth, countries around the world are attempting to devise and implement strategies to spur and sustain recovery. The key word is strategy: to succeed, policymakers must ensure that measures to open the economy, boost public investment, enhance macroeconomic stability, and increase reliance on markets and incentives for resource allocation are implemented in reasonably complete packages.

War is the health of the state.

If it's left unreformed, over 10 million recipients of Social Security's disability insurance will have their benefits arbitrarily cut by 20 percent near the end of 2016.