Under current law, the U.S. Department of Defense automatically faces significant spending cuts over the next 10 years—cuts that america's civilian and military leaders have cadidly described as "devastating" and "very high risk."

Ferguson's proposals are based onpoor understanding of telecommunications regulation and claims that the broadband marketplaceis exercising monopoly power.

But if the delightful things about Italy really are to remain unchanged, something more than monetary musical chairs is now needed. To change currency once in the space of six years is unfortunate. To do so twice would look like negligenza.

How does Japan begin to rebuild? What are the long-term strategic implications of the disaster for the US-Japan alliance? At this AEI event, an expert panel will address these and other questions.

The question that remains open is whether Putin is just a more successful version of one of these authoritarian warm-up acts, or a fully fledged Russian führer. Either way, he is fast becoming as big a threat to Western security as he is to Russian democracy.

Niall Ferguson says that Tony Blair and George W. Bush are perfect partners – Christian soldiers armed with Bibles and bazookas – but Britain now has more in common with Europe than with the United States

Niall Ferguson argues against the idea that the European Union is an emerging "counterweight" to American power.