The Federal Reserve is downplaying the real risk of a double-dip economic recession and of the associated threat of Japanese-style deflation.

American Enterprise Institute (AEI) resident fellow J.D. Kleinke, an expert on health care business strategy and entrepreneurship, explains that contrary to the popular misconception, the growth rate of national health spending has been dropping for a decade.

The Beeb once had (and perhaps still has) a great segment called “without comment” in which clips of incredible things are played.  Here’s your print version of our own “without comment” today, from yesterday’s jaw-dropping daily State Department presser discussing the suspension of food aid to North Korea.

Taxmageddon is the result of the extreme shortsightedness of President Obama and the Democrats, who extended current tax policies for only two years back in 2010. The latest research suggests that the economy will suffer severely this year for that shortsightedness.

Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff, recently said if sequestration stands, "we wouldn't be the global power that we know ourselves to be today." He's right.

Yes, we need to reduce dishonesty and corruption among our corporations, but we should look to our political class as well.

Minimum wage laws do harm in the short run and in the long run. People acquire lots of valuable human capital in their first jobs. The longer those first jobs are pushed out of reach, the longer it takes low-skill workers to develop crucial capacities that can put them on a promising career path.

At this event, our expert Deflating Bubble panel will define the lessons of the whole twenty-first-century financial experience and make related recommendations for future financial policy.