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We must improve bailout and antitrust policies to minimize the potential for undesirable outcomes driven by political considerations.
The predicted probability of starting a business is 25 percent higher in states with higher bankruptcy exemptions than their neighbors relative to states with lower exemptions than their neighbors.
I don’t know how many times I’ve seen liberal commentators look back with nostalgia to the days when a young man fresh out of high school or military service could get a well-paying job on an assembly line at a unionized auto factory that could carry him through to a...
The Dodd-Frank legislation has many problems and omissions, and much is still uncertain about implementation. But the new liquidation authority provides for the possibility of making it so that future crises do not involve the bailouts of creditors that truly embodied the problem of having banks that are too big to fail.
Under the Dodd-Frank financial-reform law, large nonbank firms may be declared systemically important because their failure will cause a systemic breakdown. In effect, this amounts to a government statement that these firms are too big to fail.
How many times have you heard Barack Obama talk about "investing" in education? Quite a few, if you've been listening to the president at all.In fact Americans have been investing more and more in education over the years, led by presidents Democratic and Republican. But it's become glaringly...
As co-authors of Why ObamaCare Is Wrong for America,we strongly recommend that the Affordable Care Act of 2010 should be repealed and replaced as soon as possible.
There's no question but that a Greece should be "allowed" to default.






