The new study by my colleague Rick Hanushek and his coauthor Ludger Woessmann shows that bringing US education levels up to the level of Finland would raise real GDP by over $100 trillion measured in presen
Friday’s data release from the Bureau of Economic Analysis (BEA) shows that real GDP growth rebounded to 5.7 percent in the fourth quarter from 2.2 percent in the third quarter of last year.
The purpose of terrorism, wherever it occurs, is to create fear that is disproportionate to the size of any terrorist risk. As Posner indicates, many people have considerable fear of flying even under the best of circumstances.
The policy I would most strongly advocate President Obama changing is profligate spending, and conservatives should help him do that by supporting cuts in defense spending.
Today's letter from Ben Bernanke to the GAO stating that the Fed would "welcome a full review by GAO of all aspects of our involvement in the extension of credit to AIG" is a step in the right direction.
