Members of both political parties frequently allege the existence of political bias in the media, yet there have been few systematic studies of such bias to date and none that examines whether the media treat Democratic and Republican presidents differently. AEI scholars John R. Lott Jr. and Kevin A. Hassett...

The trend toward more income inequality and the small gains in real median family income since the 1970s are well known. Despite little growth in measured income, however, the typical family does not seem to be experiencing greater difficulty meeting its basic needs. And although income inequality seems to...

There needs to be a more refined system of risk weights and the use of ratings by private credit-rating agencies to assign risk weights to classes of assets or activities.