Warfighting is becoming more risky as authoritarian regimes modernize their forces. If the United States wants to retain the ability to respond successfully to crises across the globe with a leaner and more cost-effective force, then our leaders must recognize that maintaining control of the air is the starting point for U.S. military supremacy.

Government welfare policies in Kerala had less positive impact on social development and more negative impact on economic development than commonly perceived.

Without profound changes in the scientific and regulatory environment, things will remain very tough for the agile disruptor -- relatively good news for established giants, presumably less good news for patients and for progress.

Since the beginning of the subprime meltdown, policymakers, housing experts, and economists have been looking for data that would enable them to predict housing price declines for individual states and for the nation as a whole. To date, no academic study has offered a quantitative basis for evaluating the potential...

The current dependence upon a small and select number of primary dealers is neither necessary nor in the best interests of taxpayers.

It is clear that there is no legitimate basis for the proposed expensing of employee stock options.

The people running America's colleges and universities have long thought they were exempt from the laws of supply and demand, but it has become increasingly clear that the higher education market is a bubble.