This article is the first part of a two-part examination of the contentious issue of how state governments' provision of goods and services to the public should be taxed under a VAT.

Hope springs eternal among policy makers in Europe’s beleaguered periphery. At five minutes to midnight in Athens, and with a bank run having started in Madrid, these policy makers cling to the forlorn hope that somehow Germany is going to relent on its strong opposition to euro bonds.

While federal policy battles and international affairs dominate the news cycle, America’s state and local governments quietly wrestle with their own challenges.

America's version of capitalism has been much more dynamic than Europe's. Why don't Obama and Romney debate that?

This book by Alan Viard and Robert Carroll proposes to completely replace the income tax system with a progressive consumption tax.

When the G8 major economies convened at Camp David last weekend, the continuing crisis of the euro, common currency of 17 European Union (EU) members, dominated the economic discussions. The agonies of Greece, badly divided in recent parliamentary elections, and forced to vote again on 17 June, were at the forefront.

If ever we need evidence of ideology run rampant, the House vote to eliminate the annual American Community Survey and the Economic Census to provide basic information on the state of businesses and industries in the country and data used for generating quarterly gross domestic product estimates is exhibit A.

Tom Miller's proposals for Medicaid reform.