Sir, Gillian Tett is distorting history by understatement ("The banks that politicians can be seen to embrace", February 18). She writes: "During the savings and loans crisis of the 1980s dozens of small banks collapsed." Dozens? Between 1982 and...

We need good economics over politics, now more than ever. That means sensible tax reform, a Fed focus on maintaining liquidity, and rationalization of the European monetary system.

Every revolution is a surprise. Still, the latest Russian Revolution must be counted among the greatest of surprises. The failure of Western experts to anticipate the Soviet Union's collapse may in part be attributed to a sort of historical revisionism -- call it anti-anti-communism -- that tended to exaggerate the Soviet regime's stability and legitimacy.

Choice in Middle Eastern politics ranges from the bad to the worse, and Egypt is no exception.

For two years, President Barack Obama has pretended that terrorism is a crime, that prisoners are unwanted, and that Gitmo is unneeded.

International Monetary Fund executive board member Arrigo Sadun and AEI economists Desmond Lachman, Philip I. Levy, and John H. Makin will analyze competing national goals and the future of the G-20. AEI's Claude Barfield will moderate.