AEI's John Makin examines the consequences of German deflationary policies and Greece's probable exit from the eurozone in the latest Economic Outlook.

The number of schools ranked highly in guides such as Barron's Profiles of American Colleges is increasing, without any evidence that these schools' instructional quality is also increasing. Applicants and their families should be wary of letting these rankings serve as the main criteria in their college decisions.

By resorting to the Federal Reserve's printing press, Ben Bernanke could easily compromise the country's future growth prospects.

If Alan Greenspan goes down in history as the Babe Ruth of monetary policy, Ben Bernanke may well go down as the Barry Bonds.

By the end of this year we shall see the Fed targeting higher inflation after having been unable to avoid a U.S. double-dip recession that precipitates a global recession.

Shared wariness over China is the main reason the U.S. and Vietnam have embraced each other. But it shouldn’t be the only one.

When President Mahmoud Ahmadinejad emerged from seemingly nowhere to capture the Iranian presidency in 2005, American officials were dumbfounded. Whereas his predecessor, Mohammad Khatami, sought to assuage the West with talk of ‘dialogue of civilizations’, Ahmadinejad was crude and coarse.

After many years of false starts, the Japanese economy may finally be set to boom—or at least to enter a period of sustained growth with a sharply rising stock market.