Criticism of big data is due to three paradoxes. For starters, it's ubiquitous but hard to define.
Progressives are proposing expensive expansions of Social Security, but the retirement crisis is overblown.
The IMF is urging the ECB to implement massive quantitative easing, but such a course of action is unlikely to promote short-term economic growth and would risk creating bigger bubbles in many asset markets.
Our hodgepodge of efforts to help the uninsured have substantially reduced the incentive to buy coverage.
The 130-year-old Metropolitan Opera is under threat from unions – and philanthropists.
The battle between new smartphone-enabled 'transportation network companies' and legacy taxicabs largely mirrors the age-old war over productivity, a war that only ever has one outcome.
During the last few weeks, one’s confidence about the essential unimportance of sports has been cast into the shadows of doubt.
The current tax code denies families appropriate tax relief for work-related child care expenses. A new Senate bill would help correct this problem.
The conventional wisdom that presidents tend to suffer serious losses in Senate elections in their sixth year in office is less elucidating than it might first appear, although it does appear likely that the Democrats will lose the Senate this year.
The next time the United States is compelled to try to rescue and rehabilitate a broken nation, Washington needs to pay as much attention to building free markets as to holding free elections.
In the many reviews of Thomas Piketty's 'Capitalism in the Twenty-First Century,' there has been no careful analysis of the author's conceptual structure.
'The first self-constituted, self-declared, self-created people in the history of the world.'
The home refrigerator, a vital but modest technology, is 100 years old.
Fifty years ago, President Lyndon Johnson signed one of the most significant pieces of legislation in American history.
The genetics revolution poses challenges to the way that the FDA and patent system influence medical research. Prize-grants could be better suited to providing incentives for the sort of research becoming valuable.
One can argue that, from the Tea Party point of view, if the establishment refuses to address the government-by-cronyism issue, then upsetting the table is the right move.
Even today, with the world far richer and more technologically advanced than it was 100 years ago, the doubts engendered by the Great War remain. We have yet to recapture the optimistic outlook that our Victorian ancestors took for granted.
Aereo’s system was a case of legal engineering rather than technical ingenuity.
A new EPA rule is a disaster for farmers and the traditional understanding of the relationship between the federal government and the states.
Developments in the Middle East and Ukraine show Europe needs to improve its energy policy or face serious economic consequences.