It's tempting to call the shameful taxpayer subsidy for electric cars - vehicles that are unaffordable for all but a small number of wealthy Americans - this nation's costly little secret.

The trustees report from the Center for Medicare and Medicaid Services out Monday uses strong language to describe the uncertainty of its predictions in both the short- and long-term for the medical insurance program aimed at America's seniors.

With 48.3 million people covered by Medicare in 2011 -- and...

The authorsanalyze the extent to which simple markets can be used to aggregate dispersed information into efficient forecasts of uncertain future events.

Here's an idea for 2004: a responsible statement from politicians about the value of pharmaceutical research in reducing consumer costs and improving health.

As the housing market struggles to keep pace with economic recovery elsewhere, homeowners would love to have a crystal ball.  Absent that, however, they have AEI resident fellow Edward Pinto, one of seven panelists to be awarded with Zillow and Pulsenomics' Crystal Ball Award.

While devout Keynesians such as Paul Krugman have argued that the slow recovery is due to the insufficient sizeof Obama’s plan, a new study by the National Bureau of Economic Research provides the strongest evidence yetthat the Obama stimulus was doomed to failure.