Global economic contraction is the greatest threat to the bilateral relationship between China and the US.

Since the Great Depression, lobbying by farmers has proved particularly lucrative but has threatened to detach agricultural production from the objective of efficiently producing food for consumers. Today, farm policy consists of an array of subsidies, regulations, spending programs, and land-use restrictions which are widely blamed for the increased cost...

With the cost of college rising every year, higher education alternatives such as for-profit providers have grown exponentially in recent years, offering a low-cost alternative to the traditional college model. These approaches, however, face numerous unique higher education challenges, such as persistent questions about their accreditation, the ability to transport...

Politicians have frequently directed harsh rhetoric toward particular corporate taxpayers that earn high profits. At times, this rhetoric has been accompanied by policy proposals that single out a narrow set of profitable taxpayers for disparate treatment. Perhaps the most notable example is the war against Big Oil.

If the Democrats try to fix the alternative minimum tax, they will have no money left for any other initiative.

Institutional Foundations of Public Finance is not only a fitting tribute to David Bradford, but it is also a book that should be of interest to economists studying any of the topics that it covers.

On both sides of the Atlantic we need to abandon the illusion that extremist leaders are authentic and less voluble moderates are not.