There is another reason, a transcendent reason, for which free enterprise matters most—and this is the case we all must be able to make today.

Anyone who seeks to provide serious national political leadership today--those elected in 2010 or who seek national office in 2012--owe Americans a plan to escape having to choose between investing in a social welfare state or a system in which our welfare state slowly collapses under its weight. We need tectonic changes, not minor fiddling.

Sen. Barack Obama is visiting a Europe that, over the past decade, has very quietly embraced many market-based reforms.

Policymakers might be sobered by the results of a natural experiment banning the sale of gutka in the state of Maharashtra in India.

Can crisis management literature help us prepare for managing a potential crisis between Taiwan and China?

Bill Ford is under attack for a change of tack away from hybrid vehicles. But activists must see that the environment is not the only stakeholder.

A review of Harry Bruinius's Better for All the World: The Secret History of Forced Sterilization and America's Quest for Racial Purity.

We should reduce Social Security benefits for middle- and high-income earners to encourage more working and saving—and free up the government to focus on the daunting challenges of Medicare and Medicaid.