Robert J. Samuelson / Politics

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 ...

The (Millennial) Parent Trap

WASHINGTON -- You could hear the tension in his voice. His 20-something daughter was living at home. She had a graduate degree from a good university that, in times past, would have led to a solid job. But she had no job and no prospect of one. He...

The Future of Think Tanks

WASHINGTON -- Unless you're a dedicated policy wonk, the name Stuart Butler probably doesn't ring a bell. For 35 years, Butler has been a senior researcher at the conservative think tank Heritage Foundation. He was among the most visible figures -...

Dodd-Frank's Achilles' Heel

WASHINGTON -- Four years after Dodd-Frank became law, the question being asked is whether the country is safe from another financial crisis. It's the wrong question. It presumes that major financial crises are routine events. They're not. What ...

True Economic 'Patriotism'

WASHINGTON -- Corporate America's latest public relations disaster comes under the banner "tax inversion." In an inversion, a U.S. company shifts its legal headquarters to a country with a lower tax rate. Just last week, the U.S. drug maker AbbVie...