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.

Thinking back to his days as secretary of state, Mr. Shultz is quoted saying: "The world was not ready for a world free of nuclear weapons." It still isn't.

Charlie Sheen succeeded at turning his own debasement into a national pseudo-event by calling the very definition of losing “winning.” And that’s what 2011 was all about: pretending to be winning while really losing.

At this AEI event, scholars will discuss what to make of the administration's current agenda and what to expect in the future.

War is either such an evil in itself that the United States should withdraw from its dominant world position or greater causes—such as advancing human freedom—can make war necessary. Two books on justice in war implicitly probe this profound choice.

China riding to Europe's rescue assumes a narrative in which China's mercantilist approach has allowed it to take a leading role in world affairs. In fact, it illustrates the pitfalls to the Chinese way of doing business.

In Japan, the time is right for political regeneration; a new political organization could help Japan build a stable, two-party democratic system.

If the US wants Egypt to be free from dictators and terrorism they should let Egypt introduce checks and balances into their constitution to eliminate a one-party system.