Attempts at austerity and deleveraging in Europe have converted an economic problem into a political dilemma, with leftist governments rising against Germany's austerity-laced rescue packages. Germany now faces a tough economic decision that will involve choosing between a breakup of the current euro system and a movement toward a common fiscal policy in Europe.

The Dodd-Frank legislation has many problems and omissions, and much is still uncertain about implementation. But the new liquidation authority provides for the possibility of making it so that future crises do not involve the bailouts of creditors that truly embodied the problem of having banks that are too big to fail.

Tom Miller's speech at the Pioneer Institute's health care policy luncheon and The Great Experiment book launch on March 13, 2012.

If there is one success story since 9/11, it has been the efforts to combat terror finance. If military action is sometimes akin to conducting surgery with an axe, efforts to dry up sources of funding are like wielding a scalpel.

The coming year represents an opportunity for the administration to reverse course and adhere more closely to the rule of law.

If Republicans allow the 2012 election to become a referendum on the GOP plan for Medicare, Obama will cruise to reelection. But if Republicans make the election a referendum on the economic failures of Obama's first term--and offer a hopeful alternative vision for our economy--he may not get a second.

It isn’t easy to attract 2,000 people to a conference on women’s rights. But Tina Brown, editor-in-chief of Newsweek and the Daily Beast, carried it off. On March 8, she filled an auditorium at Lincoln Center in New York City with mostly high-powered professional women and kept them enthralled for three days.

Congressional leaders and the President have come to agreement on a deal to increase the debt ceiling, but the drama is far from over. The debt deal kicks all the important decisions down the road and into 2013.