America's version of capitalism has been much more dynamic than Europe's. Why don't Obama and Romney debate that?

In the run-up to this weekend's G-8 summit at Camp David, journalists have unfavorably compared European "austerity" with Barack Obama's economic policies.

Just when it looked like the job market was going to rebound, recent unemployment numbers revealed a disappointing reality.

Sir, Lawrence Summers is certainly correct in asserting that the right focus of the European countries must be on restoring economic growth if they are to restore fiscal sustainability (“Growth not austerity is the best...

"Given the disappointing March numbers, it is unlikely that this month's report will show a huge improvement. It is likely that the economy will add 120,000-140,000 jobs--small numbers that suggest protracted periods of sluggish growth still lie ahead of us." Aparna Mathur, AEI

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

These realities suggest that the purported social benefits of policy support for renewables are illusory. Moreover, ongoing supply and price developments in the market  for natural gas are likely to weaken further the competitive position of renewable power generation.

Hires, quits, and layoffs exhibit strong, highly nonlinear relationships to employer growth rates in the cross section. Simple statistical models of these relationships greatly improve our ability to account for fluctuations in aggregate worker flows and enable us to construct synthetic measures of hires, separations, quits, and layoffs back to 1990.