Read Edward Alden's accompanying blog post. Each year, U.S. state and local governments spend tens of billions of dollars to lure or retain business investment. The subsidies waste scarce taxpayer…

Europe's strategy for solving its debt woes has the problem exactly backwards. A gaping hole in Europe's policy response to date is its unwillingness to reduce excessive levels of corporate, bank, an…

Introduction The Obama administration was caught flatfooted by the recent Arab Spring uprisings in the Middle East and North Africa. Not only did the intelligence community fail to warn senior off…

Introduction After years of dismissing the utility of international negotiations on cyberspace, U.S. officials now say that they will participate in talks to develop rules for the virtual world. B…

Although local communities decide where and how development occurs, the federal government pays for those decisions when disaster strikes. In the face of climate change, the federal government should…