There has been much handwringing recently about super PACs and their potential to doom the American political system. As the argument goes, super PACs mean that corporations or wealthy individuals can make unlimited contributions to groups that are thinly-veiled surrogates for candidates, so candidates can stay positive while the PACs function as attack dogs. Trouble is, this argument isn't true.

Austerity measures in Europe have been the topic of a heated and mostly confused debate in the economic world. During the May summit of the leading industrial nations at Camp David, German chancellor Angela Merkel and other European leaders pushed for continued European austerity. Keynesian critics argue that these policies destroy economic growth.

The Obama adminstration's decision to move forward with the Korea free trade agreement represents a sharp break from a deliberately ambiguous trade policy and may mark a welcome return to U.S. trade leadership if the administration can overcome political obstacles to see it through.

It is quite telling that if President Obama had to construct a strategy for defeat, it would not differ from what he and his aides describe as America’s way forward.

The annual Social Security Trustees Report, released on Monday, confirms that the program is significantly underfunded. After decades of delay, Congress and the next president will need to take steps to restore Social Security's finances and improve Americans' retirement income security. Although it might seem counterintuitive, one positive step toward...

At The Chronicle of Higher Education, “journalistic standards” are of the double kind. And incivility is a firing offense — unless you’re criticizing a conservative, in which case nasty smears are all the rage

U.S. military training missions are an economical way to promote security and good governance and to support our friends and allies and prepare them to tackle these problems on their own, as well as help other countries in the region. 

Ifpolitical threats of price controls and price-gouging lawsuits prevent prices from rising now, it is the consumers who will suffer in the long run.