Ominously labeled "Taxmageddon," a host of tax policy changes are set to occur at year-end, and there truly is much at stake: $3.67 trillion of additional tax revenue over 10 years from the Bush tax cuts alone.

This paper simulates and develops a dynamicmodel ofstrategic telecommunications competition.

Competition permanently reduces consumer prices for voice and broadband services and spurs telecom investment.

Strengthening competition in the telecom sector is the key to restoring telecom investment.

A system that lets participants choose between the traditional system and a lower-cost settlement paid in inflation-adjusted Treasuries could ensure the program's solvency.

Richard Rogerson discussed the important questions concerning the optimal size and scope of federal spending.

The FairTax proposal, which now has fifty-four sponsors in the U.S. House of Representatives, would institute a national retail sales tax to replace individual and corporate income taxes, payroll and self-employment taxes, and estate and gift taxes. The question of what sales-tax rate would be needed to replace the revenue...

In their new book, The End of Prosperity: How Higher Taxes Will Doom the Economy--If We Let It Happen, (Simon & Schuster, October 2008), Arthur Laffer, founder and CEO of Laffer Associates and a former member of President Ronald Reagan’s Economic Policy Advisory Board; Wall Street Journal senior economics writer...