An unexpected glimmer of hope might cast a new light on the Golden State.
Failure to scrutinize employment income contributed to the housing crisis and now threatens student loans, which total more than $1 trillion.
Republicans are wrongly giving fear of money printing a higher priority than the growth debate. Robust growth is as close as we can get to a panacea for our monetary and fiscal problems.
By itself, the U.S. manufacturing sector would be the tenth-largest economy in the world, and there is growing concern among U.S. manufacturers about finding enough skilled workers to fuel its continued expansion.
In the face of deficits not seen since World War II, we should question proposals to provide billions of taxpayer dollars to support an industry that is enjoying record profits.
A policy shift that weakens the link between taxes imposed and benefits received by definition yields wealth transfers, and the vast array of perverse incentives attendant upon them.
Here are the likely lessons future historians will draw from Cyprus’s sorry experience in the euro.
What would it mean for the world’s principal central bank to have negative net worth?
The search for increased profitability has long delivered both economic and environmental improvements by promoting the evermore efficient use of material resources.
The Obama administration’s proposed limits on ‘reasonable’ retirement savings would penalize success and patience in favor of the nebulous concept of fairness.
A New America Foundation proposal would cost 3.7 percent of GDP and crowd out the private saving that drives our economy.
Nobel Prize laureates are avoiding heavy taxes on their prize money via a loophole that benefits charities. President Obama and former vice president Al Gore both gave away their prize money — at the expense of the IRS.
Our tax system’s unnecessary complexity creates unfairness and uncertainty. With a few reforms, it could be more growth-friendly, simple, and fair.
An illustration of the impact of financial regulation on capital allocation is the extent to which the world's savings have been attracted to long-term instruments with low yields.
Our debate should not be about income redistribution or debt reduction but rather about how to achieve broadly shared growth — because when we achieve that, history shows that the deficit and the middle class will benefit.
Sweden seems to be an egalitarian, feminist utopia. So why are American women ahead of their Swedish counterparts in breaking through the glass ceiling?
Some ‘innovations’ are merely new names for ways of lowering credit standards, running up leverage, and increasing risk. How do we know what’s real and what’s not?
The majority of private sector job growth is from small businesses, and reforming licensing requirements is a promising route to increased business formation.
Farmers have been taking on mounting debt, creating an unsustainable increase in land prices and risking a crash that would ripple through our economy.
Any calm bought by the IMF-EU bailout package for Cyprus will be short-lived. Cyprus is all but certain to experience an economic collapse over the next two years, and the country will again question whether it should remain in the euro.