To make financial markets less vulnerable to their inevitable cycles, it is an essential responsibility of both private financial actors and government officials to study, develop and implement countercyclical approaches.

We cannot say for sure how much job security is worth. But we can say it is worth something more than zero and we believe that our estimates are reasonable or even conservative.

Whether Ahmadinejad is impeached or not, the latest conflict among the civilian leaders has made the IRGC the most important arbiter of power in the Islamic Republic.

The typical sales tax applies primarily to sales of goods and exempts many types of consumer services. The disparate treatment of goods and services has been uniformly condemned by tax policy scholars because it creates economic inefficiency and complexity.

Repeating the erroneous belief that reform for health care cannot make things worse is the weakest foundation for any major legislation.

How and why did the Canadian and U.S. housing finance markets react differently to the international financial crises of 2007-2009?

While Obama enthusiasts were motivated by their yearning for a rapturous, nuanced leader, the tea party protesters were interested in substantive political issues.