Wednesday and Thursday mark Egypt’s first post-Mubarak presidential elections. Sadly, what should be a purple-fingered moment brings some hope and much disappointment. Don’t get me wrong – Mubarak was a loathsome stooge, a petty and incompetent rentier tyrant who deserved what he got and more.

Barack Obama’s presidency has had profoundly negative consequences for our national security. From debilitating cuts in defense budgets, to gutting national missile defense efforts, to his unwillingness to acknowledge a continuing war against terrorism, to his inability to stem the nuclear proliferation threats posed by North Korea and Iran....the picture is bleak.

The Cold War is an increasingly distant memory in American military minds, except in the minds of the arms control community, and in particular those who seek the elimination of nuclear weapons. Alas, our president is a member in good standing of this community—indeed, an organizer.So, too, it...

In light of Latin America’s historic vulnerability to even minor tremors in external markets, all eyes in the region are on the current U.S. subprime credit crisis and any possible fallout in the hemisphere. Most indicators point to relatively minor repercussions in Latin American economies: regional money and bond markets...

Latin American and Caribbean economies, usually susceptible to international financial turmoil, are especially vulnerable to even minor tremors in U.S. markets.

This statement sets out the principles on which a system of bank capital regulation should be based and provides recommendations which would significantly improve capital regulations.

In "Freedom’s Forge: How American Business Produced Victory in World War II," Pulitzer Prize finalist Arthur Herman describes how the U.S. won history’s greatest conflict by harnessing free market principles and private-sector creativity and innovation to increase war production.