In less than twenty-five years, government “affordable housing” and other housing policies have turned a healthy market into a financial ruin. Until Fannie and Freddie’s market dominance and the government’s role in the housing finance system are substantially reduced or eliminated, the United States will continue to have an inferior and unstable housing market.

In the latest Financial Services Outlook, American Enterprise Institute (AEI) housing experts Peter Wallison and Edward Pinto explain how decades of government intervention have gravely harmed America's housing market.

There are five broad trends leading to greater instability in the South China Sea in the coming years. These are the failure of UNCLOS--or the UN Convention on the Law of the Sea--a weakening of ASEAN (the Association of Southeast Asian Nations), China's evolving South China Sea policy, Southeast Asian military modernization, and a hollowing out of the U.S. military.

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.

President Obama has kicked off a three-day bus tour of Minnesota, Iowa and Illinois, where the corn is high and at least some factories are spewing smoke. He won these Midwestern states handily in 2008, but he's not taking anything for granted these days. To understand the political economy of the region, it helps to put it in historic perspective.

The sooner Gadhafi goes, the greater the impact will be. Gadhafi's fall would provide inspiration for the opposition in Syria and perhaps even Iran, whereas his survival would embolden the regimes in power there to cling on.

If the WTO collapses as a negotiating forum, nations may move towards a crass calculus that assesses verdicts only on the basis of the threats that back them. This would be a deeply regrettable move away from a rules-based global trading regime.

Mubarak's fall will have even deeper reverberations throughout the region than Ben Ali's did. Which will be the next dominoes to drop?