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.

When the G8 major economies convened at Camp David last weekend, the continuing crisis of the euro, common currency of 17 European Union (EU) members, dominated the economic discussions. The agonies of Greece, badly divided in recent parliamentary elections, and forced to vote again on 17 June, were at the forefront.

Medicare is facing a fiscal calamity: how can the growth of Medicare spending be limited while ensuring that beneficiaries continue to have access to affordable health care?

Tom Miller's proposals for Medicaid reform. 

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.

Arthur C. Brooks was a Seattle-born liberal, but today he is president of the American Enterprise Institute, a center-right economic think tank in Washington, D.C.Brooks sees two competing visions for America’s future. To him, our excessive government spending and regulations have pushed us near a tipping point,...

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

If ever we need evidence of ideology run rampant, the House vote to eliminate the annual American Community Survey and the Economic Census to provide basic information on the state of businesses and industries in the country and data used for generating quarterly gross domestic product estimates is exhibit A.