This book by Alan Viard and Robert Carroll proposes to completely replace the income tax system with a progressive consumption tax.

With Europe collapsing, China stumbling, and India and Brazil retreating from full free market reform, we’re the last stable, pro-growth economy left.  

Are Americans better off today than they were before Barack Obama was elected to office? Americans for Tax Reform President Grover Norquist and economist John Lott, Jr. argue in "Debacle: Obama’s War on Jobs and Growth and What We Can Do Now to Regain Our Future" that spending increases, mounting debt, new regulations and higher tax rates answer this question with a resounding “no.”

Wide-ranging, accessible, and provocative, this book is a must-read for anyone concerned with the future of American health care.

Whereas public debt levels in many major industrialized countries will soon exceed 100 percent of GDP, those in the major emerging market economies generally range from 40 to 50 percent of GDP.

Ever since its founding in 1948, the Democratic People's Republic of Korea has maintained an aggressive and bellicose international security posture. Today, fully two decades after the end of the Cold War, North Korea's external defense and security policies look arguably more extreme and anomalous than ever.

A profound change is occurring in the global economy, as the emerging market economies enjoy much more rapid growth and relatively much sounder public finances than the industrial countries, which will place increasing global economic importance on the emerging economies.

Tax reform perpetually tops policymakers' lists for ways to grow the economy, but a generation has passed since the last successful effort, the Tax Reform Act of 1986. This is because of a simple political reality-it's hard. But not, I believe, impossible.