European economies face the soft bigotry of low expectations.

What is the optimal design of environmental taxes and cap-and-trade systems?

Nobel winners Sargent and Sims taught us to set aside our old, nice, simple economic models. We need to heed that lesson today.

The first stimulus was controversial among economists; it seemed to discard a great deal of what had been learned about macroeconomics in recent decades. The calls for a second stimulus seem to discard logic altogether.

This book examines economy policy issues--in particular, macroeconomics.

The American Enterprise Summer Institute brings together 25 select college undergraduates for an opportunity unlike any other in Washington: a monthlong, fully-funded experience debating ideas about liberty and free enterprise and learning the principles and methods of public policy analysis.

Twenty-five top college students will travel to the American Enterprise Institute (AEI) in Washington, D.C. this June to participate in the 2012 American Enterprise Summer Institute. 

It would certainly be possible to stimulate the U.S. economy through a burst of demand from abroad, but in the absence of such a boost, the Federal Reserve's second big round of quantitative easing seems like the best option.