The overwhelming success of the Mega Millions enterprise makes it an irresistible target for something more — a way to transform American elections and along the way reduce our deep political dysfunction.

In a just released piece in the New England Journal of Medicine piece, American Enterprise Institute (AEI) healthcare economist and former Congressional Budget Office official Joseph Antos assesses the Wyden-Ryan Medicare reform proposal.

At this event, Alan Viard will present the X tax proposal while James Mackie of the U.S. Department of the Treasury and Chris Edwards of the Cato Institute will offer commentary.

Medicare is a social insurance program that has the unfortunate characteristics to be expected from any centrally controlled provision of services. We do indeed have a system-wide problem, but if we expect to solve it we have to start with Medicare.

We need better housing finance structures and ideas: The timing of the covered bond bill is certainly appropriate.

Senator Whitehouse, Ranking Member Enzi, and members of the committee, thank you for the opportunity to participate in this very important hearing on health care delivery system reform.

With the exception of climate change, everything the Obama administration considers a major problem would be improved by opening the floodgates to new oil exploration.

The European Union (EU) has announced plans to levy a tax on airline emissions for all planes landing and taking off from EU airports. This tax would be calculated not only based on mileage flown in EU airspace but also for the entire length of the flight (thus, Chinese and Japanese airlines would be taxed for an entire journey from Beijing or Tokyo).