At this conference, we will assess whether high frequency trading (HFT) has been good or bad for the securities markets and investors.

Just as with Horton, the people in our policy debates who spend their time pointing to the not seen, are often ridiculed, slandered, and disrespected. Bastiat observed that when government goes beyond referring free-enterprise to actively interfering with it, the consequences fall into two categories: what is seen, and what is not seen.

Those hoping for Social Security reform, including reforms based on individual savings accounts, should not make the same mistake again.

Is global governance fundamentally different from earlier forms of international cooperation? Is it a necessary response to the effects of globalization? Does the U.S. Constitution limit the ways the United States can engage in global governance? The AEI Project on Sovereignty will explore the effects of globalization on international law, institutions and the Constitution. 

2010 census reveals Texas' economy has diversified far beyond petroleum, with booming high-tech centers, major corporate headquarters and thriving small businesses. It has attracted hundreds of thousands of Americans and immigrants, high-skill as well as low-skill.

In 2009, unnecessary Medicaid spending in Texas was $31 million--the second highest among all states. Nationally, Medicaid reimbursed pharmacies for expensive brand-name drugs when alternative generic products were available at a lower cost--costing $329 million in excessive payments.

In his recent edited volume, Stretching the School Dollar, Frederick Hess suggests various ways to control spending by tightening up operations, rethinking staffing, and using technology.

Education Secretary Arne Duncan has trashed Texas schools, but Texas gets great bang for the buck.