In a newly published op-ed, American Enterprise Institute (AEI) scholar Paul Wolfowitz, Mark Palmer, and Patrick Glenn emphasize that foreign assistance alone is a poor solution to reducing poverty and ineffective at improving governance in transitional democracies. Instead, the United Nations should establish Millennium Governance Goals.

Progress against poverty requires measuring countries by the rule of law, judicial independence and free speech.

In January 2004, the Bush administration established the Millennium Challenge Corporation, an innovative new mechanism for disbursing foreign aid. With billions in new funding and strong bipartisan support, the MCC promised to reward developing nations that practice good governance and respect economic freedom by providing them greater assistance.

Taxmageddon is the result of the extreme shortsightedness of President Obama and the Democrats, who extended current tax policies for only two years back in 2010. The latest research suggests that the economy will suffer severely this year for that shortsightedness.

The Byzantine Empire’s long run — 1,100 years — may seem remote from the 21st century, but a reading of its history offers at least three timeless lessons.

A review of the last millennium.

Britain'smillennial celebrations are justified; after all, the British introduced and disseminated the two most important ideas of democratic institutions and free-market economics.

Britain'smillennial celebrations are justified; after all, the British introduced and disseminated democratic institutions and free-market economics.