Several studies have shown that public-sector workers receive higher compensation than their counterparts in the private sector. Although, federal contractors have some of the advantages of private sector workers, in that poor performers can be dismissed and the composition of the contractor workforce altered, it is possible that they are overcompensated just as federal employees are right now.

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In 2001, John Donohue of Yale University and Steven Levitt of the University of Chicago published a paper entitled “The Impact of Legalized Abortion on Crime,” in which they argued that legalized abortion in the 1970s significantly contributed...

As the Iraq conflict continues into its fourth year, concerns about its costs also continue. Budgetary expenditures for the Iraq war are widely reported, but the financial gains and losses of the conflict are broader and more difficult to assess. Recognizing this fact, some scholars have begun to apply...

If American mortgage borrowers act in their own narrow interests, as "knaves," they might yet cause an economic collapse worse than anything we have suffered.

The cost of health care is skyrocketing. There is growing dissatisfaction with both health care quality and health outcomes. What can be done to reduce costs and obtain better value for our health care dollars?

Disease management (DM) is increasingly touted as the key to both improving care and...