The world—not just the United States—felt the pain of the 2008 financial crisis, and governments rushed to change the way the financial industry was regulated. While from Washington, DC, the Shadow Financial Regulatory Committee has been tracking the progress of financial regulation in America, shadow financial committees around the world have been following regional developments.

One of the biggest challenges will be to persuade Congress to support a homeland security funding system that is based on risk rather than politics.

Tax reform in New Zealand would provide a good model for the United States to follow.

The authors examine direct-to-consumer advertising in the United States and New Zealand,the New Zealand self-regulatory model, and consumer survey results from both countries.

The U.S. is more active on trade policy than it has been in years.  President Obama is meeting with Canada and Mexico about new agreements, Congress will hold hearings on changing decades-old trade law, and the federal government will more broadly be bringing several cases before the WTO.

Yet, in constructing...

Who you compare yourself with says a lot about who you want to be. A common talking point from the Left regarding the generosity of Social Security benefits isn't entirely honest, but more important, it's indicative of the broader views of American liberals.

Drug manufacturers spend more than two billion dollars a year on direct-to-consumer (DTC) television ads, which the Food and Drug Administration has permitted since 1997. Surveys show virtually all consumers are familiar with these ads.

DTC advertising is permitted in only two economically advanced nations: the United...

Tort is still a tremendous drag on the American economy relative to other industrialized nations.