WASHINGTON -- We are passing through something more than a period of disappointing economic growth and increasing political polarization. What's happening is more powerful: the collapse of "entitlement." By this, I do not mean primarily cuts in ...
WASHINGTON -- An insistent question of our time is how much government debt is too much. Is there some debt level that becomes crushing as opposed to merely costly? The controversy over research by economists Carmen Reinhart and Kenneth Rogoff ...
WASHINGTON -- The International Monetary Fund recently held a conference that should concern most people despite its arcane subject -- "Rethinking Macro Policy II." Macroeconomics is the study of the entire economy, as opposed to the examination ...
WASHINGTON -- At this time of year, when most Americans have just filed their returns, exasperation with the income tax system reaches a peak. Hardly anyone denies it's a complex mess. In 2010, calculating their taxes cost Americans $168 billion, ...
WASHINGTON -- The discouraging March employment report, with a job increase of only 88,000, raises questions well beyond the dreary state of today's labor market. Prolonged high unemployment may be silently shredding the social fabric in ways that...
WASHINGTON -- There is something profoundly timid about President Obama's proposed $3.778 trillion budget for 2014. Stripped of boasts about "investments" for the future and a responsible "balance" between deficit reduction and economic growth, ...
