This week the Obama administration, acting through Secretary of the Treasury Geithner, appointed a pay czar to review, reject, and possibly set the pay of companies that received large amounts of federal assistance during the financial crisis...

In the last part of this post, I issued a challenge: I continue to ask the question: name an empirical study that uses sophisticated statistical techniques that was so well done, it ended a controversy and created a consensus—a consensus where former opponents of one viewpoint had to concede they were wrong because of the quality of the empirical work...

A native of Zambia, Dambisa Moyo holds a master's degree from Harvard, an MBA from American University and a doctorate in economics from Oxford...

ONE thing that drew people to Barack Obama’s candidacy last year was the promise his presidency would transcend race and partisan politics...