Precedents for sovereign default exist, but they are double-edged.
World News
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Through the most bloody war in American history to date, Lincoln unleashed an inchoate “secret…
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Christopher Chantrill: Most every corrupt government program begins as a moral crusade and ends up…
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Federal workers are a powerful lobby in Washington, and taxpayers pay for federal bureaucrats’ wages…
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President Trump is planning to appoint a two-star US general to lead the international force…
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Data shows that the marriage rate and the homeownership rate have been closely connected for…
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David Beito’s new biography on Franklin D. Roosevelt is not the hagiographic nonsense that has…
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As Congress scrambles to extend emergency subsidies to keep Obamacare afloat, it can be tempting…
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In the new Ken Burns documentary, an old myth—held by the left and right—is repeated:…