Austerity measures in Europe have been the topic of a heated and mostly confused debate in the economic world. During the May summit of the leading industrial nations at Camp David, German chancellor Angela Merkel and other European leaders pushed for continued European austerity. Keynesian critics argue that these policies destroy economic growth.

Jan. 21 is an auspicious day, for two reasons. It is the date of the South Carolina primary, and it is the second anniversary of the Supreme Court’s Citizens United decision.

The Iraq Effect is a thought-provoking but flawed study commissioned by the U.S. Air Force on the regional implications of the 2003 Iraq war. Trends discussed may be real, but their presence before Operation Iraqi Freedom suggests that they should not be attributed only to the war.

While the Left claims to want bipartisanship and compromise, the incremental clicks of the ratchet only go in one direction: toward European-style social democracy.

Two months ago, the House adopted a budget resolution that outlines the Republican majority's ambitious plans to slow the growth of federal entitlement spending. If implemented properly, entitlement spending restraint can address the long-term fiscal imbalance in a way that promotes economic growth and freedom.

State income taxation of Social Security benefits could reduce the fiscal burden on America's youth and future generations, increase saving, and promote economic growth.

More flexible labor markets, or those with lower employment protection, are associated with relatively higher tertiary education enrollment and graduation rates than more rigid markets.

A major European economic recession and banking crisis would considerably heighten the probability of a double-dip U.S. economic recession in 2011.