Austerity measures in Europe have been the topic of a heated and mostly confused debate in the economic world. During the May summit of the leading industrial nations at Camp David, German chancellor Angela Merkel and other European leaders pushed for continued European austerity. Keynesian critics argue that these policies destroy economic growth.

The first order of business for a Republican president next year should be corporate-tax reform. But even if Republicans win big in the fall, undoing America's largest policy error will be an almost impossible political lift, unless enough people in both parties come to grips with the counterintuitive economics of corporate-tax reform.

The OECD has undertaken a statistical analysis of the determinants of health and the relative efficiency of the health care systems of OECD member countries.

“Americans spend too much on health care.” “We have worse health outcomes than our European counterparts.” Talking points such as these helped drive President Obama’s controversial and sweeping health care reform into law two years ago. But are they accurate?

Ever since its founding in 1948, the Democratic People's Republic of Korea has maintained an aggressive and bellicose international security posture. Today, fully two decades after the end of the Cold War, North Korea's external defense and security policies look arguably more extreme and anomalous than ever.

What are the impacts of regulations and demographics on broadband development in countries throughout the world?

President Obama’s budget speech on Monday expanded on the theme of economic “fairness,” like his State of the Union speech in January. He lectured Americans that if critical steps are not taken, the rise of the middle class will be threatened and disparities between the rich and the rest will...

Intrusive and aggressive price regulation by the U.S. government could have devastating effects on the pharmaceutical market.