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...

Taylorism begat the adversarial labor relations that now bedevil the Detroit automakers. Today, hostile labor politics are counterproductive for both firms and unionized employees.

Losing money is embarrassing. And an embarrassed Jamie Dimon publicly admitted that J.P. Morgan Chase goofed. Three senior executives lost their jobs as a result. But politicians and regulators in Washington are rushing to leverage the bank's misfortune for their own gain.

In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.

Last week I wrote about the standings in the presidential race and said it looked like a long, hard slog through about a dozen clearly identified target states, much like the contests in 2000 and 2004. Call it the 2000/2004 long, hard slog scenario.

Just as the political air is filled with talk of the inevitability of Barack Obama's re-election -- we are told that the kids at his Chicago headquarters are brimming with confidence -- in come some poll numbers showing him behind.

The banking industry suffered credit crises in the 1970s, 1980s, 1990s, and 2000s. An unavoidable conclusion is that its loan loss reserves were in all cases too small. 

In an explosive memoir released today, former CIA counterterrorism chief Jose Rodriguez provides new evidence that Rep. Nancy Pelosi lied when she declared she had not been briefed about the use of waterboarding.