Sir, Lawrence Summers is certainly correct in asserting that the right focus of the European countries must be on restoring economic growth if they are to restore fiscal sustainability (“Growth not austerity is the best...

Resident Scholar Leon Aron spoke about Boris Yeltsin's latest cabinet shake-up and his appointment of Anatoly Chubais as first deputy prime minister.

Iran is probably less than a year away from having a nuclear weapon. Do you believe there is any set of sanctions that will stop Iran from getting the bomb?

Exiting the Euro might at least give Greece a chance of being spared multiple years of high unemployment and depression, in contrast to the debt restructuring option.

Here is something of a marvel—a book by the Albert Guérard Professor in Literature at Stanford University that is written for the common reader, without footnotes, bibliography, or index.

President Obama today unveiled a new national defense strategy  creating a "leaner"  force that Secretary of Defense Panetta allows will create "some level of additional but acceptable risk."  Moving away from the traditional two war strategy, and hinting at substantial reductions in Europe, the President presented a dramatic shift in global posture for the United States.

Current pension accounting rules significantly understate state pension plan liabilities and overstate their funding health. Using accurate accounting, Washington’s combined plans would face a $50.6 billion short fall. By private pension standards Washington’s pension system would be considered endangered.

Serious questions remain about the national security implications of the proposed deal to raise the federal debt ceiling. With Members of Congress essentially being asked to vote immediately to avoid defaulting on the national debt, they are also entitled to immediate and compelling answers to the defense-related questions.