H.R. 1724, the Kids First Research Act of 2013, sponsored by Representative Gregg Harper (R–MS), would end the Presidential Election Campaign Fund (PECF). That’s the good news. But then the bill would authorize spending existing PECF funds on a new 10-year pediatric research initiative via the National Institutes of Health …
After dreadfully low growth in the last quarter of 2012—just 0.4 percent—gross domestic product (GDP) returned to a healthier rate of growth of 2.5 percent in the first three months of 2013. The autumn’s drop in private inventories was reversed as companies stockpiled more goods in anticipation of future consumer …
The life of the late Margaret Thatcher, former Prime Minister of the United Kingdom, offers many interesting and instructive examples of statesmanship. Not only for what the Iron Lady did, but what she did not do—her ability to resist the prevailing winds of peer pressure and public opinion in favor …
In the latest issue of the journal Democracy, Michael Wahid Hanna identifies Seven Pillars of the Arab Future. First on his list: economic growth and equality. Among the troubling Middle East economic indicators highlighted by Hanna are low economic growth, inequality, and high unemployment, especially for youth. He identifies five …
The Cyprus bailout fiasco continues, elevating the four-year-old eurozone debt crisis to a new level of volatility and uncertainty. At the core of the debacle lies the tiny island’s outsized banking sector, which is over eight times the size of the economy. But the third-smallest European Union (EU) member has …