Tyler Cowen

In truth, it's not the shareholders of the American International Group who benefited most from its bailout; they were mostly wiped out. The great beneficiaries have been the creditors and counterparties at the other end of A.I.G.'s derivatives deals - firms like Goldman Sachs, Merrill Lynch, Deutsche Bank, Societe Generale, Barclays and UBS.

Having a Congress with a more diverse educational and professional background would serve the country well. And given the budget challenges facing America today, we might benefit from a few more cold, calculating problem solvers, and fewer courtroom impresarios.

There is only so much negotiating and maneuvering that can be done while the aircraft is under siege in mid-air. Therefore, the best way to put a stop to hijacking is by having high levels of security implemented by qualified and trained personnel both on the ground and in the air.