As the West contemplates ever tighter regulations on how and where money can be spent, lent, and invested, their leaders should remember that economic and political liberty play a key role in prosperity.

Supercommittee Republicans offered a plan to eliminate tax preferences and reduce tax rates, as in the 1986 bipartisan tax reform. They argued that high tax rates would squelch economic growth.  They didn't make the case that their proposals would also address income inequality. But Paul Ryan, in a paper based largely on a CBO analysis of income trends between 1979 and 2007, has done so.

The reason why non-college white voters embrace the Tea Party movement over Democratic policies--even at their own expense--is because they value other things besides just maximizing their short-term income.

Although the mutual fund industry has grown phenomenally in recent years and now holds more than $8 trillion in securities, it still operates in a highly competitive market. Mutual funds today face strong competition from defined contribution plans and particularly from 401(k) investments. Administrators of 401(k) and other pension plans,...

Mitt Romney assuredly expanded coverage in his state, but the result was faster-than-average growth in the state’s health expenditures and faster-than-average growth in the burden of health spending relative to the state’s income.

The remarkably prosperous American economy, and particularly the continuing rapid gains in major stock market indexes, have focused attention on the wealth of households. To what extent have the gains in stocks and in the value of other assets been unequally shared? Has the average household experienced significant gains?...

"Progressive price indexing" is being seriously considered as a potential reform to Social Security. President Bush referred to this potential reform as "interesting" and deserving of additional study. U.S. Senator Robert Bennett (R-Utah) is articulating the concept to other policymakers on Capitol Hill. Under this approach, the initial benefits of...

Mutual funds compete for investor interest with many other forms of investment. Some of these competing forms are regulated under the Investment Company Act of 1940, but others are not. Panelists at this AEI conference will discuss three competing forms of investment—exchange-traded funds (ETFs), separately managed accounts, and the customized...