The U.S. Constitution encompasses two different ideas of liberty that operate in tension.

And New Orleans’ taxpayers are on the hook. Judging by how things have gone in places like Stockton, Vallejo, and even Detroit, the fallout from this won’t be pretty.

Hungary’s Viktor Orbán has openly renounced Western-style democracy for the nationalist authoritarianism of Putin’s Russia.

Pakistan is working to buy helicopters from Russia, in an arms deal that has little precedence. But this shift in Cold War-era alliances (Pakistan with the U.S., India with Russia) is only the latest reminder that geopolitics is in flux all over the world.

By calling in the army to Islamabad ahead of Pakistan’s independence day—ostensibly for general security reasons but plausibly because his rival Imran Khan is planning massive demonstrations in the city—Prime Minister Nawaz Sharif may be headed for a showdown.

NYC’s public pensions are underfunded and, given Mayor Bill de Blasio’s recent deals with teachers’ unions, even more overcommitted than before. What can’t go on, won’t.

Even NPR is raising the alarm: Underfunded public pensions are turning to the Wall Street casino to try to square the circle of generous benefits coupled with unrealistic growth projections.

The middle ground in the tragic conflict between Israel and the Palestinians will never be found by insisting on either radically partial Zionist or anti-Zionist narratives that ignore the basic facts.

Pennsylvania’s Democrats are gung-ho about using pension obligation bonds to finance a serious shortfall in the state’s pension system. This is probably not a very good idea.

Modi’s first major act of economic policy is to defend the worst and most damaging set of misguided policies that hinder India’s progress