According to the new calculations of the Social Security Trustees’ 2012 Report, Social Security’s future costs are a lot bigger than its future income.

Do the outlooks for the Japanese and European economies provide the basis for either the Japanese yen or the euro to replace the US dollar any time soon as the world's leading international reserve currency?

Forty years ago today, the entire world was launched into a brand new financial experiment. Viewing matters from 2011, how do we like the results?

Dan Sumner, Barry Goodwin and Vincent Smith, co-directors of the AEI 2012 Farm Bill Initiative, will discuss the ways that reducing farm subsidies can contribute to federal deficit reduction and debt control and improve the efficiency of American agriculture without affecting the security of the U.S. food supply chain.

A side effect of the risk-assessment approach to student loans is to nudge the student cultures of college campuses in the direction of making responsible adult behavior more respectable.

If a debt cannot be paid, it will not be paid—at least not paid in full. Could Social Security’s debt be settled at a discount by voluntary transactions with its creditors, namely American citizens?