In a recent letter, Martin Lobel describes as "intellectually bankrupt" our arguments against S. 940 and S. 2204, two recent bills that would have imposed unfavorable tax rules on five large oil companies that would not have applied to other taxpayers. Unfortunately, Lobel mischaracterizes our analysis of why the bills violate the rule of law.

Ever since its founding in 1948, the Democratic People's Republic of Korea has maintained an aggressive and bellicose international security posture. Today, fully two decades after the end of the Cold War, North Korea's external defense and security policies look arguably more extreme and anomalous than ever.

Obama's administration is finally taking a tougher stance on Beijing after years wasted trying for cooperation.

In going along in May 2010 with the European charade that Greece did not have a solvency problem, was the IMF really standing for the proposition that the laws of economics do not and will not give way to political considerations?

Venezuelan leader Hugo Chávez has tried for 10 months to conceal the fact that he is losing his bout with cancer, determined to appear in command of his revolutionary regime and the nation's future. So why isn't anyone outside Venezuela paying attention?

Over the past five years, Latin American politics has lurched decidedly to the left. Argentina, Bolivia, Brazil, Uruguay, and Venezuela now all have left-leaning presidents, and left-leaning candidates are serious contenders in the forthcoming Mexican and Peruvian presidential elections.

Panelists at this event will discuss the underlying reasons for Latin...

In this Bradley Lecture at AEI, Sean Trende, senior elections analyst for RealClearPolitics.com, places these elections in the larger scheme of American politics and explains how the radical shifts in our politics we've seen in the past few election cycles are really the norm and the previous stability the exception.

A Spanish translation of Ambassador Noriega's "Venezuela's Democrats may face Chavez's narco-coup"