Robert J. Samuelson / Politics

Wealth Inequality -- Some Hidden Good News

WASHINGTON -- The Census Bureau released a report the other day on Americans' wealth that seemed full of bad news. Middle-class wealth was down, and inequality -- the gap between the top and everyone else -- was up. Stereotypes seem confirmed. But...

Do Dems Do "It" better? Nope

WASHINGTON -- It's a Democratic campaign consultant's dream: a study from two respected academic economists concluding that, since the late 1940s, the economy has consistently performed better under Democratic presidents than Republican. The gap ...

The Post-Euphoric world

WASHINGTON -- What we are witnessing in the spreading turmoil around the world -- in Iraq, in Ukraine, in Gaza -- is the silent rejection of a central tenet of U.S. post-World War II foreign policy: that global prosperity would foster peace and ...

Where Have All the Entrepreneurs Gone (cont.)?

WASHINGTON -- American businesses are aging, I wrote last week, and a sharp decline in startup companies is a big reason. As the share of young firms shrinks, the surviving companies are naturally older -- and this may have huge ramifications for ...

The Fed's Great 'Slack' Debate

WASHINGTON -- Call it the great "slack" debate. For nearly six years, the Federal Reserve has held short-term interest rates near zero to boost the economy. Is it now time to consider raising rates to pre-empt higher inflation? The answer depends ...

Where Have All the Entrepreneurs Gone?

WASHINGTON -- We may have a "senile economy," says economist Robert Litan of the Brookings Institution. That's senile as in old, rigid and undynamic.

We are taught otherwise. Americans are reared on the notion that we're the most entrepreneurial ...