With nationalized health care, sky-high unemployment and blissfully short work weeks, you might think that the European Union is rolling backwards on the wheels of socialism. Meanwhile, with Wall Street, Wal-Mart and Viagra booming, the United States powers ahead, driven by capitalism and open markets. Right? Not necessarily. On Oct. 17, only...

As the postal sector changes around the world, America is lagging behind. That is a shame, because Americans have much to gain from a deregulated, more competitive postal industry - including lower prices and better service. In the European Union, reform of the postal sector is part of the Lisbon agenda,...