The issue of sexual abuse by Catholic clergy has been festering now for about two decades. It shows no signs of going away. The issue is based on real facts, more of which keep coming out. At the same time, the issue is fanned by a secular media culture which relishes it with a good […]

Anybody hungry for a dose of good news should go to Bill Glahn’s blog for a cheery story on America’s growing energy independence. Just when it seems that all the news is bad, a ray a light peeks through the clouds.  Our dependence on foreign oil, a bugaboo for Presidents dating back to Nixon, has […]

The Senator John McCain that so many of us admired before his deeply uninspiring presidential campaign in 2008 is back, this time waging war on unauthorized and inefficient government spending on defense projects.  The Vietnam war hero is specifically targeting the Senate Appropriations Committee, or, as he put it, “a handful of senior appropriators and […]

It feels like the bad old days of the Bush administration as the whole world lines up to criticize American leadership — or the lack thereof. German Finance Minister Wolfgang Schäuble said the US-backed idea to leverage the EU bailout fund so that the same amount of money could bail out bigger debt disasters was […]

Democratic institutions aren't sufficient in themselves to keep the wealthy few from concentrating political power.

The Origin of Species is a better guide to our economy than The Wealth of Nations.

Why have some financial firms weathered the crisis better than others? The answers contain lessons for how to regulate the industry.

A plan to ditch the income tax, make taxation fairer and aid economic growth all at the same time.

How U.S. ethanol policy creates global food insecurity.

Economic growth is increasingly taking place at the technological frontier. We need policies that keep pushing that frontier forward.