What really ails the American economy? Many economists blame stalled productivity—without understanding it. A new analysis suggests that prosperity depends on success in key industries significant in international trade.
Features
Posted inHealth and Social Policy
The Rehabilitation of the Asylum
The shift of mentally ill patients out of institutions has not worked out the way supporters of deinstitutionalization wanted. But is the remedy a return to the asylum? Some neoconservatives think so.
Posted inLaw and Justice
The Flawed Vision: Deregulation and Public Choice
The theory of “public choice” tells us that the public cannot make intelligent choices about government. But deregulation is as much a choice as activism.
Posted inHealth and Social Policy
Unhealthy Rations
Oregon’s plan to ration care of the poor has won favorable reviews around the country. But take a closer look.
Posted inBooks, Arts and Culture
Ideas, Yes; Assaults, No
The First Amendment protects the exchange of ideas, not verbal assaults.
Posted inMoney, Politics, and Power
The Pragmatic Road Toward National Health Insurance
The politically plausible path to universal coverage is an approach that builds on employer-provided health coverage, caps costs, and stringently regulates insurers.
Posted inBooks, Arts and Culture
The Remedy is More Speech
Slurs against groups may be painful, but suppressing speech is not the answer.
Posted inBooks, Arts and Culture
The Limits of Indignation
Three widely discussed works are helping to heat up the debate about race again. But the limits of a politics of racial conscience should be all too apparent.
Posted inEconomic Policy
Why Save the Banks? The Ambivalent Liberal’s Guide to Reform
Liberals may find it difficult to muster sympathy for bankers, but there are compelling reasons to strengthen banking. Reforms should help restore the banks’ profitability, while coupling new powers with stronger supervision to curb abuses.
Posted inMoney, Politics, and Power
Constitutional Mischief: What’s Wrong with Term Limitations
How to fill legislatures with the old, the rich, and the bought.
