In a divided 5-4 decision, with Justice Kennedy being—-once again—-the swing justice, the Supreme Court found that the death penalty for child rapists violated the 8th Amendment’s ban on “cruel and unusual punishment.” While child rape was ...

By most economists' accounts, the Federal Reserve's $30 billion bailout of Bear Stearns via JPMorgan Chase, undermines market discipline and represents a moral hazard by socializing risk and privatizing profit. The bailing out of important banking...