Austerity measures in Europe have been the topic of a heated and mostly confused debate in the economic world. During the May summit of the leading industrial nations at Camp David, German chancellor Angela Merkel and other European leaders pushed for continued European austerity. Keynesian critics argue that these policies destroy economic growth.

Taxmageddon is the result of the extreme shortsightedness of President Obama and the Democrats, who extended current tax policies for only two years back in 2010. The latest research suggests that the economy will suffer severely this year for that shortsightedness.

As the president has ramped up into campaign mode, he has studiously avoided mentioning most of his signature accomplishments. One can see why. The one thing President Obama always seems to mention is the auto bailout. His implication that the bailout is succeeding-that it will not ultimately be a loss for taxpayers-is a constant theme of Democrats.

The U.S. could choose to follow the lead of the United Kingdom, where all arrestees suspected of serious offenses are included in a DNA database. New research shows the approach would save 415 lives per year.

Since 2007, and apparently well below the radar, the safety net has expanded radically. The benefits available to those who do not work are sharply higher, and likely explain a good deal of the high unemployment we still see today. Staying home and collecting a government check has never been so attractive.

While devout Keynesians such as Paul Krugman have argued that the slow recovery is due to the insufficient sizeof Obama’s plan, a new study by the National Bureau of Economic Research provides the strongest evidence yetthat the Obama stimulus was doomed to failure.

Much has been said and written about the underhanded attempt by the National Labor Relations Board (NLRB) to enjoin, as an "unfair labor practice,"Boeing's decision to locate a big production facility in right-to-work South Carolina.

For months, pundits have been eyeballing poll numbers and spinning the story that Mitt Romney has a solid, unchanging base of support, and that the other candidates are taking turns being the "Non-Romney" of the day. This consensus view is based on a faulty premise. If eyeballing of the data were enough, God would not have given us econometricians.