James Grant--one of the most skeptical, insightful, and witty writers on the adventures and foibles of financial markets--chronicles the various epidemics of investment excesses that have erupted over the past decade in his new book, Mr. Market Miscalculates (Axios Press, November 2008). Grant investigates, among other topics, mass psychology in...

President Obama's speech on immigration was misleading, as he attempted to blame Republicans for non-action even while his own party seems hesitant to move forward and his own administration undermines a bipartisan effort toward comprehensive legislation.

It is the first time a former Soviet-bloc elected government has voted to erect a monument in honor of thePresidentfor his role in ending the Cold War and freeingEastern Europefrom Communist oppression.

There are some similarities between the seizure of the U.S. embassy and the attack against the British embassy, and history indeed seems to be repeating itself.

Millions of voters will head to the polls this week for the first phase of what are often called India's second-most important elections -- for a new government in Uttar Pradesh, the country's largest state and home to about one in six of its 1.2 billion citizens. In the drama of Indian democracy, UP has always played a starring role.

It was a mistake for Representative Howard Berman to lift a hold on $100 million of funding to the Lebanese Armed Forces. It is an open secret among Lebanese of all political stripes that Hezbollah has infiltrated the LAF.

Who is testing Estonia with concentrated cyber-warfare? Why does no one seem to care?

Mitch Daniels needs all three legs--economics, social policy, and foreign affairs--to reach a majority.