This book by Alan Viard and Robert Carroll proposes to completely replace the income tax system with a progressive consumption tax.

A birth cohort analysis of the Woodcock-Johnson standardizations.

No one knows whether there will be a 2012 farm bill, but we do know that it there is one, nutrition programs -- food stamps, school lunches, WIC, etc. -- will take up the lion’s share of farm bill funding, well in excess of $90 billion a year. But is the funding serving the neediest Americans? Find out on Thursday at AEI.

Drug shortages, drug costs, the questionable quality of over-the-counter medicines: myriad issues have developed in pharmaceuticals in an era of enhanced regulatory efforts, rising healthcare costs and a global economy in which drug components are manufactured around the world.

The Kremlin’s most recent response to U.S. and NATO missile defense plans in Europe crosses any and all lines associated with both statecraft and logic. Still, some view comments made by Russian Chief of General Staff Nikolai Makarov as simply more of the same. Speaking at an international missile defense...

The Kremlin’s most recent response to U.S....

Many commentators argue that uncertainty about taxes, government spending and other policy matters deepened the recession of 2007-2009 and slowed the recovery. To investigate this issue we develop a new index of policy-related economic uncertainty and estimate its dynamic relationship to output, investment and employment.

With fakes of the cancer drug Avastin popping up in U.S. clinics in the past few months, patients are naturally worried about whether their medicines are safe.  Considering eighty percent of the ingredients in U.S. medicines come from overseas – mostly from China and India because their products are generally...