The Ominous Warning in Denny Hastert's Downfall
By Philippe Gastonne     
Former House Speaker Denny Hastert's indictment is remarkable for several reasons, not least being the way it exposes the U.S. government's inherent corruption. Why is it that former senators and representatives so often become wealthy? It is because they can deliver government favors to private interests. That they can get millionaires doing this is less significant than the fact that these favors exist in the first place. If Washington lacked power to grant these favors, businesses wouldn't ...
Keynesian Medicines are Not the Cure for China's Ills
Editorial by Richard Ebeling     
Keynesians never seem to learn. Every time an economy slows down or reverses gears and "goes negative," in terms of growth and ...
War, American Style
Staff News & Analysis     
Misty-eyed Americans who sing of "the rockets' red glare" miss the irony the rest of the world sees. All the evidence suggests we love ...