At times of serious economic and financial crises, politicians are wont to shirk responsibility for their policy errors and to seek scapegoats for their policy errors. European politicians are proving to be no exception to this tendency.

This Bradley Lecture is based on Brooks’s new book, “The Road to Freedom: How to Win the Fight for Free Enterprise” (Basic Books, May 2012).

The Greek tragedy is far from over as the debate over whether to accept debt-forgiveness conditions upended the government in Athens. Furthermore, other debt-laden European nations risk going under.

While the Left claims to want bipartisanship and compromise, the incremental clicks of the ratchet only go in one direction: toward European-style social democracy.

A key government panel voted this month to whack what Medicare pays most doctors to treat patients. It's an important step on the path to ObamaCare--because the only way to make European-style health entitlements work in America is to pay US doctors lower European wages.

The United States could make flying cheaper by adopting a European style open-skies policy that would allow internationally-based airlines full access to the U.S. internal passenger market.

Within a plan to reduce outlays by $6.2 trillion over the next decade, Paul Ryan has found a way to replace $214 billion of the $487 billion in military spending cuts in Obama's budget.

Obama's Stakhanovite efforts to transform America's economy and society into something akin to European-style social democracy are undergoing considerable analysis and debate, especially as the 2012 campaign steams towards November. Most presidential re-election contests are referenda on the incumbent, and this year will be no exception.