Progressives are proposing expensive expansions of Social Security, but the retirement crisis is overblown.
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.
Seventy years ago, our nation led the Western World to a costly victory over tyranny in what was the greatest military undertaking in history.
Fifty years ago, U.S. silver coins disappeared from circulation, symbolizing a profound shift in the behavior of the government with respect to money.
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.
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.
The definitive source for data on our nation’s legislative branch, Vital Statistics on Congress, has been released online for the first time ever.
A closer look at bank leverage.
Media misinformation is the real threat to charitable giving. For better or worse, the fiscal cliff deal doesn’t actually cap any itemized deductions.
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.
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.
If we could stop the government’s constriction of private mortgage credit, recovery could begin sooner rather than later.
Interest rates in the market for U.S. Treasury debt display surprising behavior—behavior that previous market participants considered simply impossible.
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?
The NTSB, cell phones, and regulatory hyperbole.
Illinois public employees likely receive a significant pay premium over similar private sector workers.
On a variety of indicators, President Obama has far more in common with incumbent presidents who lost their bid for reelection than with those who won.
Communist political philosophy is still a powerful force in many former Soviet bloc countries.
Much, much more than you think.
Add together fundamental illiquidity and smallness of capital, and what have you got?