A study of recent investment flows says that being a democracy may actually make it harder for a developing country to attract capital from abroad.

Sound retirement security policy for future retirees requires planning. Workers need to be engaged; employers need to be responsible; and policymakers must ensure that pension law, tax law, and the Social Security system operate in a manner that promotes opportunities for private saving, appropriate retirement asset management, and sustainability and predictability.

How in the world might a transportation bill feed our retirement crisis? Congress is sneaking a harmful pension change that could lead to massive underfunding of our largest plans

America loves entrepreneurs--for good reason: they spark our imagination and remind us of the potential in each of us.

When candidates flip-flop, their poll numbers suffer, but when countries flip-flop, entire economies suffer. This scenario is playing out in India after the government flip-flopped on its decision to allow retail giants such as Wal-Mart to own a majority 51% stake in joint operations with a local partner.

This is an all too familiar story, the FDA impeding useful innovations in the US entrepreneurs here are forced to test promising medical devices in costly animal studies for years before they can advance their products into clinical trials. In response, American device makers are moving their business overseas.

Judicial review of decisions of regulatory agencies, and of statutory enactments with important economic content, presents unique and persistent problems. Sound economic policy requires a balancing of costs and benefits and of demand and supply, and the decisions of regulatory agencies are often technical and complex. Judicial review is usually...

Some see the newly minted revolution in Tunisia and the unfolding one in Egypt (and possibly Yemen, Jordan and elsewhere) as hopeful news, and others as worrisome.