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 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.
The current tax code denies families appropriate tax relief for work-related child care expenses. A new Senate bill would help correct this problem.
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 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.
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.
Automatically awarding attorney fees to the prevailing party, at least in patent cases, would be a grave mistake and wreak havoc on our legal system.
The Treasury and Federal Reserve, afraid of congressional opposition, sought G-7 support for accelerated SIFI designations of capital markets firms.
Complex changes do not bring unalloyed benefits, and rather than adhering to a simplistic infatuation with new riches, we should recognize a number of already obvious complications and ask a number of necessary questions.
Despite an electorate that is increasingly hostile to the European project and the risk that Europe could be drifting towards Japanese-style deflation, European policymakers remain complacent.
Never before has the North Korean economy been so totally dependent on the largesse of a single trade patron as it appears to be today.
We hear increasingly that technology is making today’s electric utility model ‘obsolete’ and will put its companies into a ‘death spiral.’ Is it possible that so much has changed so quickly?
Ralph Nader’s new book shows his zeal for finding and promoting left-right solutions.
Requiring that pilots have more flight hours may seem like a sensible government action designed to protect us, but the reality is that it will destroy jobs, increase the cost of flying, and result in more people dying in transit.
With the instructive Detroit precedent, shrunken populations, and underfunded municipal pensions common, we can conclude that no city, not even Chicago, should be thought of as too big to fail.
While the federal government receives net payments for electricity-related oil and gas production on federal land, the net subsidy for the new Ivanpah solar plant is almost 300 times greater.