Red State Pension Follies Folly, shortsightedness, and the desire of legislators to provide something for... More America's Most Generous Cities Dallas philanthropists may be the most civic-minded in the country. Over several... More Europe's Inflation Fear Three times as many people in a European survey consider inflation the top problem... More Spanish Austerity In Charts Late in 2011, after realizing that Spain had run up an exceptionally large budget... More | Did the IRS Wreck Private Pensions? IRS rules put private pension funds in a difficult place. The rules were very clear: if the fund was overfunded, you had to either stop making contributions, or increase the benefits. And the IRS refused to budge. So the... More California's Struggling Cities How bad and widespread are California cities' fiscal problems? "Virtually ubiquitous and massive,'' says Rod Kiewiet, professor of political science at California Institute of Technology. MoreObamacare and the IRS Two provisions in particular will require thousands of new IRS agents, and billions in funding, to enforce: the law’s individual mandate, forcing most Americans to buy government-approved health insurance; and its employer... More Abolish the IRS? The line between vigilance and harassment is not bright, and the potential for abuse is great with our tax code. It should be apparent that this power, which is inherently arbitrary, ill suits a society that sees itself as... More Rethinking FDA in Digital Age Pharmacology is fast becoming an information industry. The search for a new drug is increasingly a search for information about how a molecule of our design will interact with different arrays of molecules. The FDA has spent the... More |
