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.

History shows us that sovereign governments often default on their loans, particularly in times of war or economic upheaval. Europe finds itself in this situation now and would do well to examine past sovereign debt crises—particularly, the European sovereign debt crisis of the 1920s—for lessons.

Does the Constitution's Compact Clause still have independent force and meaning?

Requirements to test new drugs against older medicines would add a major hurdle to the development and approval of new medicines. Equally important, the proposed mandates are unnecessary.

The U.S. economy has received massive doses of stimulus medicine, and as that medicine is being withdrawn, it appears that the patient has not yet recovered. We are now in the experimental drug phase of monetary policy.

Testimony submitted by Randall Lutter and Elizabeth Irwin before the U.S. Food and Drug Administration in September 2002.

The Deepwater Horizon spill is clearly an ecological disaster, but overreaction to it could cause more environmental and economic harm than good.

The authors propose that increased access be limited to data relevant in analyzing regulations that would have an annual economic impact of at least $100 million.