The Obama administration must open its doors to the concerns and opinions of the largest creator of jobs in the country--small businesses--in order to succeed in boosting American employment.

The European financial crisis and the ineffective effort to stop Iran’s nuclear-weapons program are crashing into each other. As the European Union adopts new restrictions on importing Iranian oil, the most-troubled EU economies will continue to seek delays and exceptions.

Responsible European leaders are doing everything they can to improve fiscal sanity before everything comes crashing down, but America's irresponsible leaders are pursuing the same policies that have driven Europe into insolvency.

Has Japan finally been mugged by reality? Several policy moves in the past month suggest Tokyo has been rudely awakened to the dangers of an increasingly volatile region and is actually doing something about it.

As Walter Bagehot said, it is "the ablest and cleverest the most" who in the fever of the boom "trade far above their means."

Democrats are sure—absolutely sure—that a government shutdown stemming from a budget fight will play right into their hands. But with a president whose polls are dropping just as fast as his ability to sell an agenda, Dems are wrong to accept any argument that boils down to "Well, that’s the way it always works."

This presentationwas delivered at the"Advancing Economic Growth: Investing in Health" conference at the Chatham House in London,June 22-23, 2005.

Radek Sikorski gives his opinions on President George W. Bush's visit to Europe to the Polish Newspaper Wprost.