It is still terribly hard for those who opposed her to admit it, but Margaret Thatcher was right about most things.

Why do critics feel obliged to defend a status quo that so many teachers, parents and pupils agree is indefensible?

In Syria, as elsewhere, US military might is the best available means of preventing crimes against humanity

Few issues in economics are more susceptible to political misrepresentation than exchange rates. The past few days have provided another perfect illustration of this point.

We yearn for turning points. Just as economists have predicted nine out of the last five recessions, so journalists have surely reported nine out of the last five revolutions. Every election is hailed as epoch-making. Every president is expected to have a new foreign policy “doctrine.” A minor redesign of a cellular phone is hailed by the devotees of the Apple cult as a “paradigm shift.”

Bank recapitalisation is essential if the euro is to be saved.

Europe is the solution, not the problem, write Niall Ferguson and Pierpaolo Barbieri.

Has Mohamed Merah saved Nicolas Sarkozy? It is, of course, a tasteless question.