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Losing money is embarrassing. And an embarrassed Jamie Dimon publicly admitted that J.P. Morgan Chase goofed. Three senior executives lost their jobs as a result. But politicians and regulators in Washington are rushing to leverage the bank's misfortune for their own gain.
The International Financial Institution Advisory Commission (IFIAC) was authorized by Congress in 1998 and began work in September 1999. In its final report, the eleven-member commission will outline changes needed in seven major international financial institutions--the International Monetary Fund (IMF,) the World Bank Group, the World Trade Organization (WTO),...
Reviewing "The Myth of The Paperless Office" for the New Yorker in 2002, Malcolm Gladwell argued that if the computer had come first, and paper didn't exist, someone would have had to invent it. Paper, it turns out, is a lot more useful than we typically appreciate.
Every serious study of U.S. infrastructure has reached the same conclusion: More investment is needed -- and fast. But with Sen. Jeff Bingaman's amendment to the highway reauthorization bill, the Senate effectively penalizes states for using innovative infrastructure financing.
The prospect of an attack on the Supreme Court and other institutions of government is sobering. The Continuity of Government Commission has identified recommendations to ensure that the presidential succession system functions to produce a legitimate president in a timely fashion and that Congress can continue to operate even shortly after a catastrophic terrorist attack.
Since the end of the Cold War, administrations of both political parties have underfunded the military, but now come new calls to cut the Defense Department's budget.
The following is a summary highlighting testimony by AEI Director of Economic Policy Studies Kevin Hassett to the Joint Economic Committee at a hearing entitled "How the Taxation of Capital Affects Growth and Employment."
Americans look a lot more like the Chinese than Europeans when attitudes about entrepreneurship are compared. Americans are also very proud of their country, but are deeply dissatisfied with current performance and believe the country is on the wrong track.






