The great tragedy of our time is that so few know economic history; thus we have been doomed to repeat the mistakes of a generation ago, and millions suffer.
Former Prime Minister Margaret Thatcher, who transformed Britain in the 1980s with a core of conservative convictions and history's most formidable handbag, died Monday of a stroke. She was 87 years old.
Former Prime Minister Margaret Thatcher was famous for her uncompromising political style and unapologetic embrace of bedrock British middle-class values. "The lady's not for turning," she once famously remarked in a political debate.
The Obama administration is not necessarily winning the sequester game, despite blaming Republicans for the nation's economic woes, employing nimble rhetoric and staging melodramatic public events. Many Americans are not buying the buoyant White House talking points: a strong plurality of likely voters believe economic conditions in the U.S. are worsening, and the federal spending cuts will only compound the problem. So says a new poll from The Hill.
What is the point of a monarch?
The latest edition of al Qaeda's English-language online magazine Inspire urges readers to become "lone wolf" jihadists focused on assassinating current and former leaders of Western countries.
Once a staple of required high school reading -- and performance -- in the United States, the works of Thornton Wilder have faded from view. But in the middle decades of the 20th century, he was indubitably one of the most popular and esteemed writers.
President Obama wants to be known as a cosmopolitan leader. He's well on his way to making America look more like Europe with nationalized health care and high energy prices. One of the most frivolous ideas he has imported from across the Atlantic is the "We the People" e-petition section of the White House website.
General Motors says it has received $11 billion in credit lines from 35 financial institutions in 14 countries, boosting its available cash and credit to more than $42 billion.