If Romney can’t defend free-market capitalism against Gingrich, how will he be able to defend it in the fall against Obama?

The deeper problem is that no version of a fiscal union can save Europe or the euro. The principal authority for this proposition is Alexander Hamilton.

If past is prologue to the future, there is little reason to believe that Merkel will allow the ECB to provide unlimited support to the periphery.

With the congressional "supercommittee" now complete, the stage is set for a very high drama indeed. Now comes the moment when Americans must confront the costs of remaining the world's sole superpower, the guarantor of an international system that has created a generation of great-power peace, widespread prosperity, and unprecedented human liberty.

The press has pilloried Boehner for walking away from debt negotiations, but it may prove to be one of the greatest moments of his speakership--and a turning point in the "Cold War" over our national debt.

Japan's victory over the USA in the Women's World Cup is just the morale boost Japan needed.

Wednesday and Thursday mark Egypt’s first post-Mubarak presidential elections. Sadly, what should be a purple-fingered moment brings some hope and much disappointment. Don’t get me wrong – Mubarak was a loathsome stooge, a petty and incompetent rentier tyrant who deserved what he got and more.

The waves of change are indeed sweeping across the shores of the Middle East and North Africa. However, the Islamist regime in Iran is better geared to suppressing internal dissent than other regional autocracies and, therefore, has better prospects of surviving the crisis--for now at least.