In spite of a 1,500-page financial-regulatory bill, Congress has made no move toward fixing the government's massive blunder at the center of the housing bubble and crisis, namely Fannie Mae and Freddie Mac.

By all accounts, General Welsh is perhaps the most respected leader in the Air Force today.

Minimum wage laws do harm in the short run and in the long run. People acquire lots of valuable human capital in their first jobs. The longer those first jobs are pushed out of reach, the longer it takes low-skill workers to develop crucial capacities that can put them on a promising career path.

We live on a planet in which life is improving in more ways for more people than ever before in human history.

The following is an English translation of El Nacional's interview with AEI fellow Roger Noriega, who told the Venezuelan newpaper that its government is deeply involved in the drug trade but he has "never heard of a witness who is in a better position to bear witness to the criminal activities of dozens of officials in the highest levels of that government."

We are in the midst of the eleventh presidential nominating cycle since party commissions and state laws made primaries the predominant method of choosing national convention delegates in 1972. Over the years politicians and journalists develop rules of thumb to describe how these things work. In this cycle, some of those rules seem to be changing.

Facebook’s IPO will be good news for a whole host of reasons. In particular, users should be happy that the company will become a much more public-facing entity.

Contrary to the left's entitlement mind-set, Americans are happiest when they earn what they receive. What the middle class needs most is more of what it already does so well.