Nothing in the history of the Fed suggests that it has or ever will have the capability of being consistently wise.

Ignoring Deutsche Telekom’s needs, the DOJ and FCC blocked the proposed merger between AT&T and T-Mobile. As a result, an uncompetitive firm is now trapped in a market it wanted to leave.

The Endangered Species Act (ESA) is among the nation's most important and powerful environmental laws. It is also a source of great conflict and controversy.

The imbalance in global trade, as China has a surplus and the United States has a deficit, may matter little economically, but the political situation may be more dire, as the world seems to be marching towards a trade war.

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.

Since Taiwan’s President Chen Shui-bian’s 2004 pledge to pursue constitutional revision, Chinese commentators have warned that Chen will manipulate the process to achieve de jure independence from the mainland, a step it says would lead to war. Despite Beijing’s saber rattling, constitutional reform on Taiwan has been a central...

The United States should protect the Iraqi electoral process from anyone seeking to manipulate its outcome.

While the mandate question holds great constitutional interest, the outcome won't greatly affect Obamacare's operation one way or the other. The Medicaid question, in contrast, is crucial.