On January 1, 2002, more than 300 million European citizens saw the euro turn from a virtual currency into reality. The entry into circulation of euro notes and coins means that European Monetary Union (EMU), a project devised by Europe's political elite over more than a generation, finally came do...

Throughout the past centuries, much of our world's nations have converted from various types of governments to a democracy of some kind. Of all of the countries that have switched to this type of government, none have found this form of government to be undesirable. What is it that mak...