The fact is, the government had been deferring “recapitalizing” its military for more than a decade and a half and that bill came due precisely when the economy went into recession, government revenues declined precipitously and the deficit exploded.

Protesters against Obama's reforms are defending their excellent medical service. It's all about cost-cutting, not liberty.

How is "fair value" affecting the accounting and financial sectors?

Congressional testimony on the SEC's implementation of the Sarbanes-Oxley Act.

Since no banker, or regulator, or politician, or fund manager, or rating agency, or accountant, or economist can know the future, the long historical series of financial mistakes called bubbles and busts is bound to continue.

The Office of Personal Management and union officials implausibly claim that federal employees are paid just 78 cents on the dollar compared to private sector employees, but average compensation may actually be $14,000 above private sector compensation.

Is the overpaid federal worker really just a myth? Not according to academic research.

The Beltway media, in cases of lurid accusations, have displayed a curious and consistent habit of slamming one set of candidates while covering for the other. Questions should be raised about media reporting biases, rather than AEI’s ground rules.