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The austerity vs. spending fight ignores essential reforms.

Paul Wolfowitz on Saudi Arabia's desire to save Iraq's Shiite population after the first Gulf War in 1991.

Maintaining the president's higher spending levels will require raising taxes for all Americans, including an 11% increase on those earning less than $200,000.

Higher earnings would keep more people from retiring early.

A no-fly, no-drive zone on the border with Turkey would critically alter the terms of engagement. Everyone is waiting on Washington's leadership.

Iceland's former prime minister is found guilty of not holding enough meetings.

Growth could hit 4% this year, and the Karachi Stock Exchange has doubled in four years.

Multinationals in an unfamiliar market face a choice: Play by the local rules or change the rules.

The Republicans have a new campaign slogan. Wait, make that the Democrats.

"Twelve Desperate Miles" tells the story of how a Standard Fruit Co. vessel that hauled bananas from the U.S. to the Caribbean was drafted for an attack on North Africa's coast. Mark Yost reviews.

New federal rules would raise costs for hiring the disabled.

Another potential casualty of the French presidential election.

An $8.35 billion 'demonstration' to get past November.

Resources are limited. Cost-benefit analysis can inform our decisions.

America is no longer as attractive to highly successful people as we like to think.

Even exceptional nations cannot ignore the laws of economic gravity.

How a Watergate villain dedicated his life to helping prisoners—and changed my mind about crime.

We're not close to the top of the Laffer Curve. Raising tax rates is part of a sensible deficit reduction strategy.

If the Supreme Court upholds purchase mandates in health care, they will become a mainstay of federal regulation throughout the U.S. economy.

"Do Not Ask What Good We Do" captures the drama of one of Congress's most combative and maddeningly frustrating years in memory. Jonathan Karl reviews.