In this winter of conservative discontent, Britain's Tories present a tempting alternative. What would happen if Republicans, following their example, rejected market economics and championed social welfare? Could they win again? It's a thought-experiment that's come alive in Britain in recent…

Former Federal Reserve chairman Alan Greenspan recently suggested that an increase in the influx of skilled immigrants would help arrest the steep decline in housing prices in the last two quarters. Since skilled immigrants tend to form new households relatively rapidly, their arrival in growing…