Featured

As American as…Cricket Roger Bate 07/03/2009

Cricket and baseball are twin brothers, separated at birth.

Does Bernanke Really Deserve a Second Term? Desmond Lachman 07/02/2009

The Federal Reserve chairman’s tenure has been checkered at best. There must be other candidates who could be expected to do a better job.

RSSted Development Ben Casnocha 07/01/2009

Tyler Cowen has written one of the most stimulating defenses of Internet information culture.

The GOP's Real Problems for 2012 Michael Barone 06/30/2009

The Ensign and Sanford scandals are beside the point. The Republican Party is going to have a hard time coming up with a strong presidential nominee in 2012.

Despite the Doubters, It’s Still Top Dollar Desmond Lachman 06/27/2009

There’s much chatter that the Chinese renminbi will eventually replace the U.S. dollar as the world’s preeminent international reserve currency, but this supposed inevitability is highly questionable.

The Cap-and-Trade Giveaway Alan Viard 06/26/2009

A cap-and-trade system with freely allocated permits is equivalent to a carbon tax in which the tax revenue is given to stockholders.

The Court Kicks the Can—What’s Next? Edward Blum 06/25/2009

Although the Supreme Court dodged the constitutionality question of Section 5, most Court observers believe that the opinion unambiguously foretells that this Court is prepared to declare the provision unconstitutional.

The Transformers at the Supreme Court? Michael M. Rosen 06/24/2009

The Supreme Court’s examination of Bilski this summer will not be quite as big a blockbuster as “Transformers,” but in the world of patents and technology, it will be pretty close.

Offsets Chipping Away at the Cap Ted Gayer 06/23/2009

The House of Representatives recently received a painful lesson in the pitfalls of carbon offsets. Despite this, it has decided to ignore this important lesson in its cap-and-trade bill.

Bernanke’s Quantitative Easing Challenge Desmond Lachman 06/20/2009

The focus of the Federal Open Market Committee’s meeting will be on how recent financial market developments, mainly in reaction to a perceived overly expansionary longer-run budget policy, are putting the incipient recovery at risk.