Twenty-first century economists blithely talked of the "risk-free debt" of governments, and European bank regulators set a zero-capital requirement on the debt of their governments. The manifold proof of their error is that banks and other investors are now taking huge credit losses on their Greek government bonds. The only question is why anybody would be surprised by this.

The model of human nature one embraces will guide and shape everything else, from the economic system one prefers to the political system one supports.

In "Mere Environmentalism: A Biblical Perspective on Humans and the Natural World", AEI scholar Steven F. Hayward carefully explores important similarities and differences in how faithful Christians and conventional environmentalists think about key issues.

Review of The $800 Million Pill: The Truth behind the Cost of New Drugs by Merrill Goozner.

A new House Resolution intended to protect the banking industry against competition will ultimately hurt American consumers and banks.

Join the Federalist Society and AEI for a panel discussion of John Yoo and Julian Ku's new book, where Martin Flaherty of the Fordham University School of Law and Jeremy Rabkin of the George Mason University School of Law will join the authors in a discussion of their proposals and whether they are faithful to our Constitution, our history and our international law obligations.

Steven Pinker of Harvard University delivered the second of the 2003-2004 Bradley Lectures on October 7, 2003.

Lionel Tiger of Rutgers University delivered the fourth of the Institute's 2002-2003 Bradley Lectures on December 9, 2003.