In a recent letter, Martin Lobel describes as "intellectually bankrupt" our arguments against S. 940 and S. 2204, two recent bills that would have imposed unfavorable tax rules on five large oil companies that would not have applied to other taxpayers. Unfortunately, Lobel mischaracterizes our analysis of why the bills violate the rule of law.

The Supreme Court's decision in Exxon Shipping v. Baker highlights the need for legislative reform of arbitrary punitive damage awards.

Not many people noticed during the run up to the Iowa caucuses and last year's payroll tax fight that a far more important, and potentially game-changing, resolution passed the Senate at the end of 2011.

Over the past decade, a number of remarkable organizations have cropped up that dramatically shape twenty-first century education reform. Joining this influx of groundbreaking, reform-minded organizations is Rice University’s Education Entrepreneurship Program (REEP), housed at the Jesse H. Jones Graduate School of Business at Rice University.

Eliminating tax subsidies for major energy companies is a bad idea. Singling out big American energy firms for this kind of treatment is abusive and a "glaring violation of the rule of law."

Thanks to three American senators, China will be pumping Iraqi oil.

Just a year after the BP oil spill, America is on the verge of a new golden era of oil exploration and production -- unless President Obama and his environmentalist friends get their way.

Government and international aid agencies from the U.S. Agency for International Development (USAID) to the United Nations Development Programme (UNDP) have come to depend on non-governmental organizations (NGOs) to implement their development policy programs. Corporations are increasingly expected to consult with NGOs prior to making investments in the developing...