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.

Tom Miller's speech at the Pioneer Institute's health care policy luncheon and The Great Experiment book launch on March 13, 2012.

India’s education policies should encourage private initiative and focus on learning outcomes

The federal government can and should play a limited but important role in helping the nation address the challenge of  improving the productivity of education spending.

A new report outlines fifty-seven specific recommendations for restructuring financial regulation.

What should the objective of financial markets evolution beyond the Dodd-Frank Act be: making markets more robust, or democratizing and humanizing finance?

The welfare of the citizens--poor, middle-class and wealthy--is best improved by using resources more productively. To realize the promise that the U.S economy has always offered, we must choose less social spending, less intrusive regulation, and more efficient use of resources in both the public and private sectors.

The major credit rating agencies have been widely criticized for their role in the international bust and liquidity panic in the markets for structured mortgages and other complex securities. Critics continue to question the effectiveness of rating agency performance, incentives, and oversight. Currently, numerous regulations mandate that investors use credit...