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How Green Is Europe?

A superficial look might indicate great achievements. Yet a closer view reveals how far European renewables have to go, and what irrational choices are made to meet EU green energy quotas.

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The Minimum Wage Can Never Be High Enough

The minimum wage is a facile non-solution for the complicated problem of poverty in America.

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‘The American Banking System Might Not Last Until Monday’

Learning from the crises you’ve forgotten.

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Good News for U.S. Capital Markets

The FSOC’s decision to back away from SIFI designations has major implications for the regulation of ‘shadow banking.’

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It's Time for Real Reform of Veterans' Health Care

The Miller-Sanders bill addresses the immediate crisis, but underlying structural defects must be corrected if we are to avoid more problems again soon.

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Are Rising Health Care Costs Creating a Retirement Crisis?

Progressives are proposing expensive expansions of Social Security, but the retirement crisis is overblown.

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Attorney Fees in Patent Cases: There is a Middle Ground

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.

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Death, Duty, D-Day

Seventy years ago, our nation led the Western World to a costly victory over tyranny in what was the greatest military undertaking in history.

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Coins That Go Clunk

Fifty years ago, U.S. silver coins disappeared from circulation, symbolizing a profound shift in the behavior of the government with respect to money.

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War on Poverty Needs New Strategy

Since LBJ’s War on Poverty was launched, America has witnessed an unprecedented rise in cohabitation, divorce, and out-of-wedlock births. In 2014, reforms should promote personal dignity and encourage work and responsible fatherhood.

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The Almanac of American Politics: Breaking Down the 2012 Election

The 2012 election indicates that the fault lines in American politics are the same as they have been since the mid 1990s, but surprises may be in store for the future.

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Congress Isn't What It Used to Be

The definitive source for data on our nation’s legislative branch, Vital Statistics on Congress, has been released online for the first time ever.

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What Do Banks Do?

A closer look at bank leverage.

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The Myth of the Limits on Itemized Deductions

Media misinformation is the real threat to charitable giving. For better or worse, the fiscal cliff deal doesn’t actually cap any itemized deductions.

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Partisan Polls?

Press coverage of polls gives these imprecise tools much more weight than they deserve. Voters should keep this in mind as they are confronted with the inevitable avalanche of polls between now and Election Day.

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The Uses of LIBOR and the Victims of Its Manipulation: A Primer

Little attention has been paid to why LIBOR is important, who might have been harmed by its manipulation, or how to think about the financial ramifications.

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How Much Have House Prices Really Fallen?

If we could stop the government’s constriction of private mortgage credit, recovery could begin sooner rather than later.

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Fearful Symmetry: Six Decades of Treasury Yields

Interest rates in the market for U.S. Treasury debt display surprising behavior—behavior that previous market participants considered simply impossible.

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Why Growth Matters More than Debt

The proper question is not how will America pay foreign creditors back but rather what will maintain China and Japan’s desire to buy low-interest Treasury securities from us?

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Just How Dangerous Is Talking and Driving?

The NTSB, cell phones, and regulatory hyperbole.

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