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Losing money is embarrassing. And an embarrassed Jamie Dimon publicly admitted that J.P. Morgan Chase goofed. Three senior executives lost their jobs as a result. But politicians and regulators in Washington are rushing to leverage the bank's misfortune for their own gain.
Weather change and its consequences are inevitable. Governments and rating agencies around the world have tools to “motivate” short-term-focused insurers to broaden their risk perspectives, with their executives facing personal liabilities if their coverage reserves fall short. Without more aggressive moves, the rest of the world could end up like Grenada and Jamaica, circa 2004.
Twenty years ago this month, in its ominously titled A Nation at Risk, the National Commission on Excellence in Education delivered a devastating assessment of American education that helped shape two decades of reform. Warning that declining student achievement put the very foundations of American prosperity and security at...
Roger Scruton discusses why the environmental movement fits well under the umbrella of conservatism through his new book, How to Think Seriously About the Planet.
America is nearing a decisive moment. Unless Congress acts to change current law, automatic sequestration cuts will slash future spending on national defense across-the-board by over $500 billion beginning early next year.
Arthur C. Brooks was a Seattle-born liberal, but today he is president of the American Enterprise Institute, a center-right economic think tank in Washington, D.C.Brooks sees two competing visions for America’s future. To him, our excessive government spending and regulations have pushed us near a tipping point,...
The joint statement released by the Defending Defense Coalition details the devastating impact that the upcoming automatic sequestration would have on the U.S. military and the consequent need for the House of Representatives to pass the reconciliation bill in order to defend national security strategy.
Monday's release of the annual Medicare Trustees' report seems on the face of things to be a simple exercise in dry accounting – trust fund x will run out of money in year y. In fact, it's much more than that. It's an annual reminder that we are...







