Technology in the form of XBRL could helpin the future to level the playing field between large and small firms in the competition for capital.

This paper explores important areas of the SEC ' s jurisdiction where attention to its statutory obligations would produce more balanced policies in the future .

The Byzantine Empire’s long run — 1,100 years — may seem remote from the 21st century, but a reading of its history offers at least three timeless lessons.

By next year, about two-thirds of American physicians will be working as salaried employees of large groups and hospitals. This movement has been underway for years. Over the last decade, the number of independent physicians was falling by about 2% a year. But these trends are now accelerating. 

The massive government spending during World War II did not lead to an economic boom. Economic historians have known for some time that the war cut personal consumption as Americans saved their paychecks in record amounts.

In December 2010, the President's Fiscal Commission failed to garner the necessary supermajority to pass its plan to reduce the deficit. Now, with the super committee, starting work on its effort to propose $1.5 trillion in deficit reductions, some have speculated that history is about to repeat itself. However, a closer examination reveals a night-and-day difference.

The Laffer Curve—the conceptual device illustrating how high marginal tax rates reduced revenue and economic growth—helped revolutionize tax policy around the world thirty five years ago. Today we need a new Laffer Curve—for regulation.  

Fundamental tax reform is the best step the government could take now to promote job growth and employment because it offers three key benefits.