The American economy is experiencing a crisis in long-term unemployment that has enormous human and economic costs.

Inspired by President Obama’s cheap election-year politicking, Congress has launched into a frenzied, bipartisan panderfest over the Stafford loan program. Late last week, an emotional House speaker John Boehner led House Republicans to vote for an Obama-proposed giveaway he’d denounced just a few days previously.For those who don’t...

Ominously labeled "Taxmageddon," a host of tax policy changes are set to occur at year-end, and there truly is much at stake: $3.67 trillion of additional tax revenue over 10 years from the Bush tax cuts alone.

The president took an extra week to develop his budget, but the extra time was apparently not enough to yield Medicare policies that could produce real savings. Competitive bidding offers a better solution, but only if we are willing to give it a chance.

Critics have renewed their calls to tax the carried interest as ordinary income. Unfortunately, the populist rhetoric used by some critics can obscure the facts about how carried interest is actually taxed.

The massive government spending during World War II did not lead to an economic boom. Economic historians have known for some time that the war cut personal consumption as Americans saved their paychecks in record amounts.

Those hoping for Social Security reform, including reforms based on individual savings accounts, should not make the same mistake again.

The federal government has taken over large swaths of consumer lending, most notably the $10 trillion home mortgage and $1 trillion student lending markets. The government's share of new loans for each now approaches 100%.Government monopolies in financial services pose risks to taxpayers as well as borrowers