Municipal governments that grow raise the tax burden on their residents, and this in turn acts as a drag on both the future tax base and economic growth of the area.

Resident scholar Steven F. Hayward addresses whether President Barack Obama is a socialist.

Poverty will always exist, compared to others, but we cannot deny that quality of life, on a global level, has improved.

Patrick Allitt's inclusive history is a solid and worthy contribution to the growing literature about conservatism, but it will still leave many observers scratching their heads.

The best investment plays are now overseas: all dollar-denominated assets are going to be punished as this stimulus spending kicks in.

One mark of a great book is a thesis so powerful that after a few years people take it for granted. Thomas Sowell's A Conflict of Visions (1987) is such a book.

Ronald Reagan'slegacy as a party-builder has gotten short shrift.

President Ronald Reagan's philosophy, accomplishments, and style framed public policy debates in ways that helped propel Republicans into today's governing majority.