JohnKerry has promised to repeal a portion of tax cuts. With the growth rate of the economy high but slowing somewhat, there are signs that this promise is rattling financial markets.

Congress"s emotional rejection of the terror market and the ensuing witch-hunt for its instigator could have a chilling effect on other innovative efforts to deal with terrorism.

Should prediction markets fall victim to laws restricting gambling?

Congress should create a regulatory pathway for prediction markets.

Growing competition has swept away long-entrenched monopolies in private markets. Now it is the turn of the most powerful and entrenched monopolies: the monopolies of government.