One of the main provisions of the 2012 Farm Bill is a “shallow-loss” program. This program is being portrayed as a safety net, but there are significant questions that must be examined before the program is enacted. At this event, Vince Smith and Barry Goodwin will discuss these questions and will release new research and analysis on the cost of shallow-loss programs.

Under current law, the U.S. Department of Defense automatically faces significant spending cuts over the next 10 years—cuts that america's civilian and military leaders have cadidly described as "devastating" and "very high risk."

Perceptions of uncertain future events like credit safety or credit risk are inherently subjective and highly influenced by the views of all the others who are doing what you are doing.

While Americans are dissatisfied with current performance, they continue to express strong patriotic sentiments.

No one wants to excuse the managers and regulators of financial companies from responsibility for the financial crisis. But it is too easy to assign blame and walk away, without doing the serious work of finding out what really happened.

Is global governance fundamentally different from earlier forms of international cooperation? Is it a necessary response to the effects of globalization? Does the U.S. Constitution limit the ways the United States can engage in global governance? The AEI Project on Sovereignty will explore the effects of globalization on international law, institutions and the Constitution. 

While there was plenty of empathy with Egyptians, there were no mass protests. Instead, Russian disquiet has assumed other, less hopeful forms.

Here is another good news/bad news column about the 112th Congress.