If it weren't for the FEC's limitations on fundraising, Obama would be delighted to stay on the sidelines because his whole reelection strategy requires going on semi-hiatus from the presidency.

Four authors approach the topic of philanthropy and charitable giving.

Government-sponsored enterprises (GSEs) are fast-growing, highly leveraged financial institutions. Thanks to their special government subsidies, the two largest GSEs, Fannie Mae and Freddie Mac, now fund more than $2.5 trillion in mortgages. In Government-Sponsored Enterprises: Mercantilist Companies in the Modern World (AEI Press, April 2002), Thomas H. Stanton...