Breaking windows will stimulate the economy, according to a leading public pension advocacy group. Skeptical? The National Institute on Retirement Security (NIRS) has not literally endorsed breaking windows, but a report recently published by the organization relies on the same economic fallacy.According to NIRS-whose membership consists principally of...

Despite a growing backlash from his fellow Democrats, President Obama has doubled down on his attacks on Mitt Romney’s tenure at Bain Capital. But the strategy could backfire in ways Obama did not anticipate. After all, if Romney’s record in private equity is fair game, then so is Obama’s record in public equity — and that record is not pretty.

Although the Schumer-Lee plan deserves credit for seeking to promote international capital flows and labor mobility, it would neither make a measurable dent in the housing sector's backlog nor fix a broken immigration system that hampers our economy's long-run prospects.

At this AEI event, housing policy experts will discuss the condition of the housing market and evaluate policy proposals. Mark Fleming, chief economist at CoreLogic, will describe the current status and outlook of the US housing market. Christopher J. Mayer of Columbia University will present the refinance proposal that he and R. Glenn Hubbard of AEI and Columbia University first offered in 2009. AEI’s Phillip Swagel, assistant secretary for economics at the Treasury Department during the financial crisis, will assess the Hubbard/Mayer proposal and other policy options and Steve Liseman from CNBC will comment on the broader macroeconomic impact of these policies and expectations from Wall Street.

Why did Obama's first jobs plan--the $825 billion stimulus--so quickly result in the need for another jobs plan? The economy would have benefitted far more if the government had instead improved the incentives for people and businesses to invest, produce and grow. The President probably won't mention any of this, but it does explain why he has to give his latest speech.

As Washington waits for President Obama’s plan on how to revive the economy and pull us out of our 9 percent unemployment rut, a growing chorus on the left is calling for us to go to war—or at least the economic equivalent of war.

With the economy once again teetering on the edge of recession, policymakers will inevitably propose another round of stimulus spending. You can bet on it--just as you can bet that any such spending won't help the economy.