The September 11 attacks in New York and Washington have already cost America thousands of lives and billions of dollars in damages. But those are only the direct costs. How severe and how lasting will the impact be on our economy as whole? And how will new burdens on the federal government, including a military buildup and a bailout of the airline industry, affect fiscal policy? Should the government cut taxes or increase spending to get the economy moving again?
Be careful when one uses the superlative case—best, most, -est, etc.—or evokes end-of-the-world imagery...
The Bush administration always insisted that encouraging democracy abroad was critical for international security. Europeans—surprise!—now agree. By Amichai Magen.
China has come to Africa. Can U.S. policy makers find ways to mesh, not clash, with Beijing’s interests? By Christopher C. Starling.
The advantage of moderation