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An Icy Oasis from the Great Meltdown

Amid our world’s economic wreckage, today's New York Times marveled, at least one developed nation seems to be doing just fine. That nation — little Norway — actually grew economically last year. Norwegians today haven’t just sidestepped the...

Change Policy, Change Behavior

As a parent, I'm familiar with the powerful effect that even the threat of a "change in policy" can have on behavior. It can bring troublesome, annoying, or even hazardous behavior to an abrupt end. That change in behavior suggests two things: that behavior could have...

More Evidence For Reining In Credit-Card Companies

The Senate is expected to vote either later today or Friday on a credit-card reform bill. As debate continues on that bill—and as President Obama ratchets up the pressure with a town hall meeting on the subject—a recent report by the Center for Responsible Lending...

What's Good for General Motors Is... Never Mind

Is the Obama administration saving General Motors or is it saving auto industry jobs in the U.S.? Is it saving GM as an American brand or GM as an American manufacturer? These aren't academic questions. General Motors, which has been buttressed by $15.2 billion in...

Jack Kemp and Taxes: The Final Irony

Tax-cutters inspired by Jack Kemp have always argued that high tax rates give the rich an incentive to cheat on their taxes. The reality: So do low tax rates. Jack Kemp, the 1996 Republican vice-presidential nominee, died a week ago Saturday from cancer. Two days...

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