The desperate worry over the health of huge financial institutions with country cousin names — Fannie Mae and Freddie Mac — reflects a reality that has reshaped major spheres of American life: the government has in recent months taken on an increasingly dominant role in assuring that Americans can buy a home or attend college...
Leona Helmsley's bequests of $12 million to her dog, and several billion dollars to the welfare of dogs in general, are highly unusual, eccentric, and strange...
U.S. Senator John McCain's presidential campaign today released a statement signed by over 300 professional economists in support of John McCain's Jobs for America economic plan...
Watching Wall Street and the American real-estate market crumble over the past 10 months has not inspired great confidence in our wonderful free-market economy or the land pirates who run it...
University of Chicago Nobelist Gary Becker says the economic benefits from offshore drilling will be significant even if the price of oil declines from its present level...
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.