President Obama’s budget speech on Monday expanded on the theme of economic “fairness,” like his State of the Union speech in January. He lectured Americans that if critical steps are not taken, the rise of the middle class will be threatened and disparities between the rich and the rest will...

Public sector pensions are not discretionary government spending, which can be reduced to maintain affordability. They are deferred pay earned as part of a legally binding contract of employment, and their true cost should be properly measured.

The solution to the consumption paradox is implementing sustainable practices which include changing the way resources are extracted and reusing resources that have already been mined, rather than embracing calls for extreme austerity.

Traditional arguments for corporate taxation have ignored the role of imperfectly competitive markets, risk, and innovation.

According to the most recent statistics available from the Organisation of Economic Co-operation and Development (OECD), the U.S. combined corporate income-tax rate was second highest among the thirty OECD countries (39.3 percent in 2005). However, as a percentage of gross domestic product (GDP), the revenue yield of the corporate income-tax...

Businesses don't pay taxes. People pay taxes. And the evidence suggests the corporate tax hits wage earners hard.

Studies of multinational companies suggest that outsourcing not only raises the value of brands but boosts the wealth of shareholders and promotes high-wage administrative jobs at home.