The current economic environment of low—virtually zero—interest rates has hit savers hard, but abruptly raising interest rates could harm economic growth and the housing market. Until the economy stabilizes and the Fed begins raising interest rates again, savers have few options: they can adjust their lifestyles, dip into their savings, or take on riskier investments such as gold and stocks.

Despite frequent, dire warnings about the unsustainability of government budget deficits in the United States, Europe and Japan, investors are lining up to lend to some governments at very low interest rates.

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

It may seem unlikely that there could be a negative nominal interest rate to combat potential deflation, but it is not impossible.

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

What is the cause of the abrupt rise in interest rates?

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

The "Buffett Rule's" stated goal of making millionaires pay the same tax rates as the middle class is appealing. Unfortunately, the proposal is based on inaccurate claims about the tax system and its enactment would penalize the investment that fuels long-run economic growth.