When countries run huge budget deficits with rapid money growth and a depreciating exchange rate, inflation follows. There is no reason to believe we will escape the consequences.

Michigan is a case study in the flawed economic reasoning behind pouring money into higher education.

Review of The Politics Of Large Numbers: A History Of Statistical Reasoning, by Alain Desrosieres.

The Supreme Court is almost the only place in American society where the "frank" debates on issues of race that Attorney General Eric Holder recently called for actually take place.

Requirements to test new drugs against older medicines would add a major hurdle to the development and approval of new medicines. Equally important, the proposed mandates are unnecessary.

Markets have soared in recent weeks, in part because of a sequence of good inflation reports. But the market may be rejoicing prematurely. Recent statements by Alan Greenspan suggest the Federal Reserve may increase rates again this week.

Mr. Greenspan has even come out with a new argument for...

The authors of the November 2011 Heritage Foundation report “Assessing the Compensation of Public-School Teachers” respond to questions and concerns, in the process showing that certain critical accusations—such as undercounting teachers’ work hours or overestimating retirement benefits—are simply false.

The Federal Reserve Board should not raise interest rates to combat the supposed "wealth effect" caused by the booming stock market.