By Kenneth P. Green
The Bush administration must decide by Friday. Its answer may have serious consequences for the U.S. energy economy.
Money doesn’t buy happiness, but success does. Capitalism, moored in values of hard work, honesty, and fairness, is ...
On July 23, 2000, a forty-two-year-old forklift operator in Corbin, Kentucky, named Mack Metcalf was working a 12-hour nightshift. On his last break, he halfheartedly checked the Sunday paper for ...
Will the Beijing Olympics ultimately help or hurt the cause of freedom in China? THE AMERICAN asked eight experts.
From August 8 to August 24, China’s capital city will host the 29th Summer Olympics. It promises to be as much a political event as an athletic spectacle. With that in mind, THE AMERICAN ...
Why do the headquarters of state teachers’ unions tend to be so close to state capitol buildings?
If you stand on the steps of a state capitol building and throw a rock (with a really strong arm), the first building you can hit has a good chance of being the headquarters of the state ...
Six AEI economists discuss the current state of the U.S. economy and the possibility of a 2008 recession.
Is the U.S. economy in a recession? If it is, how long will it last—and how much will it hurt? Six American Enterprise Institute economists offered differing assessments at a panel discussion ...
No matter how our allies react to the Colombia spat, the politics of FTA passage may have been permanently changed.
Technically, it was only a small change in the internal rules of the House of Representatives. By a vote of 224 to 195, Speaker of the House Nancy Pelosi and the House Democratic leadership pushed ...
Absent a major Obama scandal, Clinton will trail in the delegate count in early June—and Obama will be the nominee.
Hillary Clinton can change her message, change her campaign manager, even change her hairstyle—but she can’t change the delegate math that makes it almost impossible for her to win the ...
With the financial world in turmoil, here’s a handy guide to the bursting of the housing market bubble.
Q. The term “bubble” is used frequently in discussing the housing market—did we have a bubble, and what does that really mean? A. Yes, we did. A “bubble” is created ...
New Delhi has a dodgy record on safeguarding intellectual property rights. Here’s how it could improve.
HYDERABAD, INDIA—Three years ago, as part of it accession to the World Trade Organization (WTO), India passed laws to protect intellectual property rights. But as a current dispute shows, India ...
Despite some positive labor market reforms, its bloated welfare system and crushing tax burden remain entrenched.
In a country that has been ruled by the Social Democrats for 65 out of the past 76 years, opportunities for fundamental economic reform do not come often. It is for this reason that one has to regret ...
Is the ruling party of Prime Minister Erdoğan a threat to Turkish democracy? Five experts share their thoughts.
Turkey’s Constitutional Court has agreed to hear a lawsuit brought against the ruling Justice and Development Party (known by its Turkish acronym, “AKP”). This lawsuit would ban the ...
Despite what many people believe, professional sports venues typically do not spur large-scale economic activity.
The 2008 Major League Baseball season will be the last one played in Yankee Stadium. After 85 years, the most storied venue in American sports will be torn down. Starting in 2009, the New York ...
According to Forbes magazine, Manchester United, Real Madrid, and Arsenal are the world’s three most valuable soccer teams. . .
Canadian climatologist Tim Ball explains the origins of the now-discredited ‘hockey stick’ graph of global warming. . .
Commerce Secretary Carlos Gutierrez and Governor Arnold Schwarzenegger make the case for free trade. . .
Legendary economist Joseph Schumpeter ‘put growth and entrepreneurship at the center of economics’. . .
Insurance giant AIG recently experienced ‘the worst three months of the company’s 89-year history’. . .
Ten years after the euro was launched, ‘its role as a global currency is secure, even if it hasn't achieved everything its founders hoped’. . .
A new study finds that if a stay-at-home mom were compensated according to her market value, she would earn almost $117,000 a year. . .
In 2007, ‘foreign direct investment in Latin America and the Caribbean hit a record of over $100 billion’. . .
Arthur Brooks argues that children ‘don't make most parents happier’. . .
When will the housing crisis end?
California takes pride in its environmental record. But according to Manhattan Institute scholar Max Schulz, ‘the Golden State’s energy leadership is a mirage’. . .
George Mason economist Bryan Caplan explains why he thinks a federal gas tax holiday might be ‘an idea worth supporting’ . . .
In Moscow, the restoration of Pashkov House is being viewed as a sign of Russia’s ‘cultural revival’ . . .
According to the U.S. Department of Labor, jobless claims dropped significantly last week . . .
The anti-ethanol coalition is growing. . .
The Association of American Medical Colleges (AAMC) is worried that financial relationships between doctors and pharmaceutical firms will diminish sound science and compromise patient care. But the AAMC may be overreacting. . .
The Rasmussen Consumer Index reports that ‘married adults are slightly more optimistic on the state of the economy than non-married adults’. . .
As a percentage of per capita personal income, gas prices are ‘not even close’ to their historical high. . .
U.S. News & World Report’s James Pethokoukis lists ‘10 reasons to feel good about the economy’. . .
To mark World Youth Day this July, Pope Benedict will be going digital . . .
Former Kansas congressman Dan Glickman, who is now chairman of the Motion Picture Association of America, hopes that his fellow Democrats will support the U.S.-Colombia free trade deal. . .
Humorist P.J. O’Rourke offers some unconventional graduation advice to the Class of 2008, including, ‘Go out and make a bunch of money!’. . .
According to AEI scholar Charles Murray, ‘the age of educational romanticism’ may be nearing its end. . .
The farm bill debate has fostered some unusual political alliances. . .
Food riots in Somalia have turned deadly. . .