Martin Neil Baily and Douglas J. Elliott's narrative--that a decline in risk aversion was the ultimate cause of the financial crisis--accounts for much of the risk taking that was observed in the period leading up to the crisis, but in the end it is no more than an interesting theory.

In today's global economy, countries constantly compete for corporations' research activities. U.S. tax policy lags behind many countries in attracting firms' R&D centers. With the increased mobility of research and intellectual property, this conference will focus on how countries should tax innovative, answering important questions for countries seeking to promote economic growth.

Obama's supporters may say America's influence is in decline, but it need not be: Libyans seek U.S. assistance.

The author traces the one-child-per-family population control policy in China, usingChinese documents--many translated here for the first time--as primary documents.

Obama administration officials have labeled the United Nations’ failure to act on Syria as “outrageous” and a “travesty”.  But that’s about all they’ve done about Syrian dictator Basher el Assad’s wanton murder of thousands of innocent Syrians.

The Republican presidential candidates, except for Ron Paul, haven’t been paying much attention to young voters in the primaries and caucuses so far. But any Republican nominee — which is to say, probably Mitt Romney, or maybe Newt Gingrich or Rick Santorum — had better be paying attention to them in the summer and fall.

For the first time in 20 years, Saudi Arabia has named an ambassador to Iraq. For years the Saudis resisted U.S. entreaties to take this step, and the current relationship between these two most important Arab countries in the Gulf has not been warm, so the timing is curious and...

The U.S. secretary of state should have more to say than simply that anti-Assad forces will 'somewhere, somehow, find the means to defend themselves.'