Portugal could avoid Greece's horrible fate if it were to draw the right lessons from the Greek experience.

Attempts at austerity and deleveraging in Europe have converted an economic problem into a political dilemma, with leftist governments rising against Germany's austerity-laced rescue packages. Germany now faces a tough economic decision that will involve choosing between a breakup of the current euro system and a movement toward a common fiscal policy in Europe.

Ready for the battle in November? You probably think I’m talking about the election. No, I’m talking about the battle around your Thanksgiving table. The dinner conversation will turn to politics and the economy, and it will be your job to stick up for capitalism and free markets.

Greece's interests would be best served by an early large default and an early exit from the euro.

A comparison between Greece today and Brazil in the past is of limited value, due to the number of fundamental differences between the nations' situations.

There's no question but that a Greece should be "allowed" to default.

Twenty-five top college students will travel to the American Enterprise Institute (AEI) in Washington, D.C. this June to participate in the 2012 American Enterprise Summer Institute. 

The Greek political class has come to romanticize civil disobedience. This is what they get.