If you step back and look at the big economic policy issues — health care, financial regulation, immigration, education reform, the budget deficit — they appear to boil down to one fundamental question: What is the best trade-off between fairness, stability and social cohesion on the one hand and disruptive and growth-inducing innovation on the other?
As Washington and Moscow zero in on a new strategic arms control treaty, it is time to look at what lies ahead in U.S.-Russian relations.
Conventional wisdom seems to be that this decade was a somewhat shoddy start to the millennium. We watched multiple unsustainable bubbles deflate before our eyes (tech stocks, home values, Tiger Woods).
One key area in which the House health care bill is superior to the Senate version involves health care for illegal immigrants. No, that was not a typo: illegal immigrants.
On Dec. 24, in an early morning vote, the United States Senate passed health care reform. It was the first time the body had been in session on Christmas Eve since 1963.
Cash for Cloture! Cornhusker Kickback! Louisiana Purchase!
Well, that was quick. The “state subversion” trial of Chinese dissident Liu Xiaobo ended just three hours after it began Wednesday, with a verdict — almost certainly “guilty” — expected from the Beijing court on Friday.
When the heads of the Centers for Disease Control and Prevention, the Food and Drug Administration, and the National Institute of Allergy and Infectious Diseases came to see us last week, they had some good news.
The weak dollar has made it easier for U.S. manufacturers of parts for appliances, automobiles and other equipment to compete globally on price and is helping them win back business lost to overseas competitors, a shift that economists say should help the country's economic recovery.
Countless delusions and mistakes brought on our financial crisis, but none did as much damage as the belief that home prices never go down.