A damning new study dispels the myth that more money is the cure for education’s failures. The report took a comprehensive look at 50 years of testing data and found that even after spending hundreds of billions of dollars, the opportunity gap among students remains as wide as ever.

Is the US economy getting more concentrated or less? At the aggregate level, more. This is a widely noted fact, leading quickly to calls for more active government moves to break up big companies. But at the local level, no. Diverging Trends in National and Local Concentration by Esteban Rossi-Hansberg, Pierre-Daniel Sarte, and Nicholas Trachter documents the trend.

Economist Martin Feldstein warns about excessive government debt in the Wall Street Journal: The most dangerous domestic problem facing America’s federal government is the rapid growth of its budget deficit and national debt.

Hoover Institution fellow David Henderson discusses his Econlog article "Alan Krueger RIP."