A system that lets participants choose between the traditional system and a lower-cost settlement paid in inflation-adjusted Treasuries could ensure the program's solvency.

The number of schools ranked highly in guides such as Barron's Profiles of American Colleges is increasing, without any evidence that these schools' instructional quality is also increasing. Applicants and their families should be wary of letting these rankings serve as the main criteria in their college decisions.

In the most recent Education Outlook, AEI scholar Rick Hess and Taryn Hochleitner explain how the inflation of college rankings contributes to a false sense of exclusivity and rising tuitions.

Nothing in the history of the Fed suggests that it has or ever will have the capability of being consistently wise.

Events were different in 2008 and 2009 than now, so the Federal Reserve has to work with markets, tying its actions more to the economic outlook than repairing the functioning of security markets.

David Hume correctly predicted 250 years ago that the government would infallibly abuse the privilege of incurring debt.

Helping increase liquidity in the jumbo-mortgage market in the short run would fundamentally improve the mortgage-finance system for the long run.

Is the current situation "the worst bust in housing in this nation's history"?