This book by Alan Viard and Robert Carroll proposes to completely replace the income tax system with a progressive consumption tax.

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...

As policymakers continue their efforts to reduce the government’s role in the currently nationalized housing market, the broadly available and deep subsidies provided to the five divisions of the Government Mortgage Complex continue to distort the marketplace and thwart these efforts.

Obamacare may be President Obama proudest legislative achievement, but the fact is it has been a political disaster for Democrats. The unpopular law has galvanized Obama’s conservative opponents, driven away moderates and independents, and hung like an albatross around the neck of the U.S. economy. A decision by the Supreme...

For-profit colleges aren't the first, or even the biggest, education lobbyists. They simply learned from the best: America's beloved public and nonprofit universities.

Transparency matters. Regardless of the mansion's ownership, if President Barzani is sincere about combating corruption, he should require that every official serving in his government detail their property holdings and business interests, not only in Iraqi Kurdistan, but also abroad.

A neuroscientist recalls how a host of substances took over his life and how, at last, he learned to impose new patterns of thought and behavior.

Switching from the current income tax to a consumption tax would cause only modest declines in the prices of stocks and owner-occupied homes.