Attempting comprehensive tax reform is like trying to tug many bones from the clamped jaws of many mastiffs. Every provision of the code -- now approaching 4 million words -- was put there to placate a clamorous faction, or to create a grateful...

Although America’s political system seems unable to stimulate robust, sustained economic growth, it at least is stimulating consumption of a small but important segment of literature. Dystopian novels are selling briskly -- Aldous Huxley’s “Br...

In 1960, when John Kennedy was elected president, America’s population was 180 million and it had approximately 1.8 million federal bureaucrats (not counting uniformed military personnel and postal workers). Fifty-seven years later, with seven new C...

Tight labor markets shrink income inequality by causing employers to bid up the price of scarce labor, so policymakers fretting about income inequality could give an epidemic disease a try. This might be a bit extreme but if increased equality is...

WASHINGTON -- At their post-Civil War apogee, 19th-century Republicans were the party of activist government, using protectionism to pick commercial winners and promising wondrous benefits from government’s deft interventions in economic life. T...