Let me stick my neck out...
If one had to pinpoint the birth of globalization, a good bet would be Aug. 15, 1971, when President Richard Nixon dropped the U.S. dollar's convertibility to gold...
The Senate must soon increase the national debt limit to above $13 trillion — and Democrats are looking for political cover...
Mark Steyn nails it (HT: Gary Schiff) in a piece on Greece and the path we’re on in the US. My favorite part: We hard-hearted, small-government guys are often damned as selfish types who care nothing for the general welfare. . . .
These are exciting though scary revolutionary times, akin to the constant acrimony in the fourth-century BC polis, mid-nineteenth century revolutionary Europe, or — perhaps in a geriatric replay — the 1960s. . . .
The roots of conservatism go back to philosophers of the 17 and 18th centuries, such as John Locke, David Hume, and Adam Smith...
A crude attempt to “realign” China’s currency would do more harm than good. By Charles Wolf Jr.
Hoover fellow David Wise and Dean of the School of Humanities and Sciences John Shoven recently spent an hour discussing the effects of Social Security on the aging baby boom population. Their conclusions? Without radical reforms, Social Security won't work. And without Social Security, a lot of boomers will go bust. An interview by Hoover fellow Peter Robinson.
A few countries have found a way to stop graft and foster political stability: hire foreigners to collect their revenue. By Kris James Mitchener and Noel Maurer.
Politicians on both sides get way too much mileage out of rising gas prices. By Richard A. Epstein.
. . . May be paved with good intentions, but Greece has run into a ditch. California, unfortunately, seems to be close behind. By Victor Davis Hanson.
Analyzing the global financial crisis and its aftermath in the United States and the United Kingdom with Kevin Warsh and George Osborne.
Our federal government refused to bail out the states in the 1840s, thus preserving their fiscal independence...