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.

Health reform created the opportunity to redirect tax incentives to promote greater equity, efficiency, and choice in insurance markets.

Economic analysis provides partial, but not complete, support for proposals to broaden the corporate tax base and lower the statutory tax rate.

Institutional Foundations of Public Finance is not only a fitting tribute to David Bradford, but it is also a book that should be of interest to economists studying any of the topics that it covers.

The proper treatment of carried interest depends upon a number of unresolved economic issues.

Karlyn Bowman is a senior fellow and Andrew Rugg is a research assistant at the American Enterprise Institute. The views expressed in this article are the authors' and do not necessarily reflect those of any other person or institution.

In this article, Bowman and Rugg discuss the public's opinion about...

Review of C. Eugene Steuerle's Contemporary U.S. Tax Policy (Urban Institute Press, 2004).

Mitt Romney handed President Obama a political gift this weekend, when his campaign announced that he would not file his tax return on time. Romney made the announcement at 5 p.m. on Friday — the time politicians usually put out bad news they hope no one will notice. Team Obama noticed all right