On Wednesday 8, 2012, the House Committee on Ways and Means held a testimony on "The Interaction of Tax and Financial Accounting on Tax Reform." Here, Aparna Mathur contributes to their discussion.  

We simply have to face the fact that banking is fundamentally risky. As I decided long ago when working in banks, the reason we needed to wear dark suits and have classic buildings was to look conservative in order to offset the real riskiness of what we were doing. 

Minimum wage laws do harm in the short run and in the long run. People acquire lots of valuable human capital in their first jobs. The longer those first jobs are pushed out of reach, the longer it takes low-skill workers to develop crucial capacities that can put them on a promising career path.

Are global corporations cleaning up their supply chains? The debate over the abysmally low wages paid to workers in emerging economies illustrates the difficulty. There are two conflicting narratives, both tied to China.

In withdrawing all but a tiny few U.S. forces from Iraq and indicating that he is weighing an accelerated drawdown from Afghanistan, President Obama is reversing a generation’s course in American strategy and policy.

The baby boom generation was destined to be powerful culturally, economically and politically because of its disproportionate numbers—and because of its own high self-regard.

In January of this year, the number of manufacturing jobs increased by 50,000. Yet this vibrant sector is being held back—and not by imports.

The FDA should be required to disclose its reasons for rejecting a drug, and Congress should reaffirm the provisions of the FDA Modernization Act.