Joseph Antos' analysis of Medicare's fiscal crisis and reform options that could make the program sustatainable; a response to a request from 16 health professionals elected to the U.S. Senate and House of Representatives for public comment on Medicare reform. 

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Considerable debate has surfaced over the tax rebates given to households in 2001 and 2003 and whether they stimulated household spending and the economy. Jonathan Parker, a professor at Princeton University, has used a large sample of U.S. households from the Consumer Expenditure Survey--collected by the...

Wide-ranging, accessible, and provocative, this book is a must-read for anyone concerned with the future of American health care.

Consumers have been in the doldrums throughout this weak recovery, but the mood has gone from sour to despairing in recent months. The numbers have been so bad that the relatively obscure "Index of Consumer Sentiment" constructed by the University of Michigan has begun to receive the attention of political handicappers.

SymphonyIRI reports that “57 percent of consumers are feeling increased financial strain when gas prices increase, and more than four in ten say high gas prices make it difficult to meet monthly expenses,” based on polls conducted in the second quarter of 2011. Furthermore, 49 percent of consumers plan to reduce grocery spending if gas prices climb another 50 cents. What can be done?

With consumer confidence shaky, business facing much uncertainty, and government spending constrained, it is entirely reasonable to look abroad for growth. But the picture will be clearer if one removes the rose-colored glasses.

New data show that health spending over the past several years has been normalizing toward the rate of general inflation, rather than growing higher and higher, as had been the case almost continuously since the 1970s.

This article is the first part of a two-part examination of the contentious issue of how state governments' provision of goods and services to the public should be taxed under a VAT.