Although government spending provides citizens with many important benefits, such benefits must be weighed against the disincentivizing effects of increased labor taxes.

Richard Rogerson discussed the important questions concerning the optimal size and scope of federal spending.

President Barack Obama has been on a tour of college campuses touting proposals to lower student loan repayments for college graduates. He hopes to rekindle the enthusiasm of young voters, who in 2008 favored him over Sen. John McCain by more than two-to-one.

Ironically, these same young Americans...

Breaking windows will stimulate the economy, according to a leading public pension advocacy group. Skeptical? The National Institute on Retirement Security (NIRS) has not literally endorsed breaking windows, but a report recently published by the organization relies on the same economic fallacy.According to NIRS-whose membership consists principally of...

India’s education policies should encourage private initiative and focus on learning outcomes

Kniesner and Ziliak determine how progressive taxation of both wage and capital incomes affects the lifetime supply of labor.

It’s the beauty part of free-market capitalism: To successfully pursue happiness, you must help others do likewise.