When the G8 major economies convened at Camp David last weekend, the continuing crisis of the euro, common currency of 17 European Union (EU) members, dominated the economic discussions. The agonies of Greece, badly divided in recent parliamentary elections, and forced to vote again on 17 June, were at the forefront.

Europe’s current debt crises are a consequence of a region-wide crisis of the welfare state, whose vast promised benefits voters demand, yet are unwilling to finance through self-taxation.

The welfare of the citizens--poor, middle-class and wealthy--is best improved by using resources more productively. To realize the promise that the U.S economy has always offered, we must choose less social spending, less intrusive regulation, and more efficient use of resources in both the public and private sectors.

Government welfare policies in Kerala had less positive impact on social development and more negative impact on economic development than commonly perceived.

Within a plan to reduce outlays by $6.2 trillion over the next decade, Paul Ryan has found a way to replace $214 billion of the $487 billion in military spending cuts in Obama's budget.

Both the U.S. and the UK should extend that period of time as much as possible to remove the specter of immigrant welfare use.

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.