A little more inflation might be preferable to rising unemployment or a series of fiscal measures that pile on debt bequeathed to future generations.

Whatshould Congress and the president be doing now to keep the economy on track? The right answer: absolutely nothing.

Although John Maynard Keynes died more than a half-century ago, his diagnosis of recessions and depressions remains the foundation of modern macroeconomics.

Nick Schulz reviews Animal Spirits.

Fiscal stimulus does not create output and jobs from thin air, but simply "borrows" them from the future.

The United States is the world's leader in many ways, and we remain the leading advocate for pro-growth policies around the world.