Hope springs eternal among policy makers in Europe’s beleaguered periphery. At five minutes to midnight in Athens, and with a bank run having started in Madrid, these policy makers cling to the forlorn hope that somehow Germany is going to relent on its strong opposition to euro bonds.

Governments must provide in-kind incentives in order to spur organ donations, as altruism cannot be the sole legitimate motive for donating, and to achieve the true end of saving more lives.

Some consumers and businesses might see a little extra cash this summer as a result of the 2010 health care law. The Kaiser Family Foundation recently reported an estimated $1.3 billion in rebates will be delivered from health insurers who spent more than the law allotted on administrative expenses and profits.

In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.

The Federal Reserve could give banks a big incentive to expand by setting negative interest rates on their excess reserves. 

Initiatives to expand regulation of the food industries with the overall goal of increasing competition and commodity prices farmers receive often have the unintended consequence of raising consumer prices and lowering farmers’ prices while reducing the quality and variety of food products available to consumers.

Recent economic research suggests that colleges siphon off a significant portion of federal education aid rather than lowering costs to students

Here’s the problem: The president never defines what he means by “fair.” And this is for a simple reason: his definition is simply not recognizable to most Americans.