Katrina is causing the budget deficit to explode while also inflicting a supply-side shock on the economy. This is an especially toxic combination.
The incompetence—the sustained, systemic, outrageous incompetence—that marked the government's response to Hurricane Katrina is genuinely hard to believe.
For years, British politics has preferred to ignore the issues posed by the unassimilated Muslim minority.
Both China and the United States need to remember that good economic policy starts at home.
With a gentle push from the federal government, America's dependence on oil will shrink much faster than people think. And it would be good if it did.
The G-8 summit in Scotland will qualify as more than a political stunt if the gathering spurs an increase in well-designed aid to Africa.
In rejecting the new European constitution, voters in France and the Netherlands have done themselves and their fellow citizens of the European Union a great favor.
The idea that capitalism is the enemy of social progress calls for an impressive resistance to some large and pretty obvious facts.
It appears that French voters are going to reject the new European Union constitution. What will that mean for Europe?
Blair, once so popular, once so trusted, is now regarded by voters as a hollow waffler.
The Bush administration's critics at home and abroad are astounded, scandalized, and reeling from the decision to name Paul Wolfowitz the next head of the World Bank.
Steps to curb the budget deficit would make the U.S. economy, and the world economy, much safer.
Recent developments in Northern Ireland offer some sobering lessons for those who would negotiate with terrorists.
What separates the U.S. and Europe is not just differences in style, but differences in substance—some that are intractable.
The U.S. can still redeem its misadventure in Iraq, despite all the administration's mistakes.
The U.N. report puts moral pressure on whoever reads it to demand action of their governments.
As long as the United States is the most powerful nation on Earth, it will be widely resented.
Americans ought to be paying closer attention to what is happening to their currency. The dollar's slide is happening for a reason, and it points to some real economic dangers.
George W. Bush and John Kerry are both awful candidates, although in completely different ways. And that poses a dilemma for voters.
Climate change is unlikely to be high among President Bush's priorities for his second term. It should be, if he has meant what he has said on the subject.