Compared with other developed countries, the United States has very low taxes, little income redistribution, and an extraordinarily complex tax code.

As a referendum on Scotland's independence looms, the question of the region's place in the United Kingdom has become the most pressing issue in British politics.

For two decades, the United States has dominated the global arms trade, reaping a broad range of economic and geopolitical benefits in the process.

Discussions of Hispanic Americans in the media and on the campaign trail are warped by ignorance about who they really are and what they really want.

According to Daron Acemoglu and James Robinson's Why Nations Fail, economic development hinges on a country's political institutions.

In the latest installment of his epic biography of U.S. President Lyndon Johnson, Robert Caro reveals a man who obsessively sought power to assuage a misplaced sense of his own suffering.

A nuclear-armed Iran would not make the Middle East more secure, argues Colin Kahl; it would yield more terrorism and pose a risk of a nuclear exchange.

The warnings of The Limits to Growth were far more prescient than Bjørn Lomborg suggests, argue several critics, including two of the book's authors.

Since weak demand is at the heart of the recession, governments need to enact not just structural reforms but also stimulus programs, argues Menzie Chinn.

U.S. and Israeli officials have declared that a nuclear-armed Iran is a uniquely terrifying prospect, even an existential threat. In fact, by creating a more durable balance of military power in the Middle East, a nuclear Iran would yield more stability, not less.

If the eurozone splinters, it will have been an avoidable disaster.

Fifty years ago, the Cuban missile crisis brought the world to the brink of nuclear disaster. Every president since John F. Kennedy has tried to learn from what happened back then. Today, it can help U.S. policymakers understand what to do -- and what not to do -- about Iran, North Korea, China, and presidential decision-making in general.

The Trans-Pacific Partnership, a massive multilateral trade agreement now in the works that focuses on the Asia-Pacific region, could add billions of dollars to the U.S. economy and solidify Washington's commitment to the Pacific. But if the Obama administration fails to calm critics of the deal, there is a growing possibility that it could collapse.

Forty years ago, the Club of Rome produced a best-selling report warning humanity that its escalating wants were on a collision course with the world's finite resources and that the only way to avoid a crash was to stop chasing economic growth. The predictions proved spectacularly wrong. But the environmental alarmism they engendered persists, making it harder for policymakers to respond rationally to real problems today.

As the United States prepares to exit Afghanistan, it is focusing too much on security, overlooking the political elements of the transition, write two former senior U.S. officials.

Tough economic times are often met in Washington with calls for retrenchment. But for decades, write two former top Pentagon officials, long-term forward deployments of U.S. forces and robust alliances have guaranteed stability and uninterrupted trade, the very conditions the United States needs for economic prosperity. The Obama administration gets it.

Just a few years ago, India seemed on the brink of becoming the world's next great power. Today, its future appears less certain.

Debates about the possibility of containing a nuclear Iran often hinge on judgments of whether the regime there is rational. But as a wealth of recently released Iraqi documents about Saddam Hussein's tumultuous reign in Iraq show, even an arguably rational leader can be unreasonable -- and very hard to deter.

Unlike other economic powerhouses, the United States does little to help its own companies win business abroad, and that timidity has allowed China to devour market share in emerging economies. It is time for Washington to shed its hang-ups about lobbying on behalf of American firms and start taking commercial diplomacy seriously.

Coal combustion is the largest source of carbon dioxide emissions on the planet. But the fuel isn't going away anytime soon, since demand for it is ballooning in the developing world. So instead of indulging in quixotic visions of a coal-free world, policymakers should focus on supporting new technologies that can reduce how much carbon coal emits.