The power of individuals and markets in the development process is key to the continued economic dynamism of sub-Saharan Africa.
Exactly 100 years ago the world was reminded yet again that war — declared or undeclared — is in many ways a chronicle of disastrous assumptions and unpleasant surprises.
Congress should give permission for private colleges to cooperate in cutting their tuition. It’s hard to see who would be hurt in the process.
Military leaders must build the optimal balance between special and conventional forces, or risk relearning the lessons of previous conflicts in a future one.
Challenges abound, but the trajectory is plain.
The usual explanation for the academic achievement gap is that blacks come from a lower socioeconomic background and their schools have fewer resources. But research finds the problem transcends class and its roots lie elsewhere.
The minimum wage is a facile non-solution for the complicated problem of poverty in America.
Prospects for the humanities can be more promising than ever.
The link between the balance of payments, GDP, and jobs is not as Paul Krugman and others assume.
We will never attain certainty about our concerns, but with care and luck we approach it by increments. Above all, we learn to be skeptical of grand visions and their visionaries.
Learning from the crises you’ve forgotten.
Proposed regulations of oil-bearing trains pose several challenges and divert us from more important safety questions.
The FDA's proposed regulation should not go forward in its current form, or it will undermine efforts to persuade smokers to switch to e-cigarettes and will endanger public health.
The popular product illustrates both the opportunities and the risks of intellectual property.
One of the supreme engineering feats of the early 20th century, the canal has been an immense boon to shipping and of major geopolitical benefit to the United States.
The FSOC’s decision to back away from SIFI designations has major implications for the regulation of ‘shadow banking.’
If you don’t like price rationing, please explain how limited supplies of a good are to be allocated.
In an otherwise bitterly partisan political environment, two recent policy proposals from both sides of the aisle share core ideas for reforming anti-poverty programs.
One factor that is often overlooked in the debate over causes of income inequality is a shift in the distribution of working hours. The rich now work more than the poor.
The Miller-Sanders bill addresses the immediate crisis, but underlying structural defects must be corrected if we are to avoid more problems again soon.