The U.S. economic recovery is facing a number of strong headwinds that make a relapse into recession all too likely, including the appalling state of the U.S. labor market, the ongoing foreclosure crisis, prospective cuts in government spending, and more.

Had European policymakers not been overly complacent over the past decade, they might have learned a lot from Latin America's sad past experience with misguided macroeconomic policies, especially under fixed exchange rate regimes. This might have helped them to avoid their present sovereign debt crisis. Now that they are neck-deep in the mess, it is too late for those lessons.

I am deeply moved and honored more than I can say by this award from my esteemed colleagues and friends at AEI, and especially because of its association with the name and memory of Irving Kristol, a man for all seasons. Irving Kristol was my teacher, editor, mentor, patron, and...

Stimulus measures may boost the economy enough to provide liftoff, but if they fail to produce lasting growth, 2012 could be painful.

Discussants Stephen Roach and Desmond Lachman debate the seriousness of the challenge posed by China and appropriate steps to respond to its rise.

In Ecuador, operating under the radar, Rafael Correa is imposing his own autocratic vision for his country's path to salvation.

In contemporary political debate, there is no surer way to discredit and delegitimize a policy than to establish that it injures women and children.