In our March 5 post, we argued that the Obama administration linking Ukraine aid to IMF reform was disingenuous and counterproductive.  We were right: the legislation failed, congressional Republi…

Europe’s economic woes, a rough May jobs report (Bloomberg), and a recently growing specter of deflation could increase pressure on the Federal Reserve (WSJ). While one Wall Street economist sees clo…

The Brookings Institution released a report on the correlation between income inequality and school quality. Schools in more affluent areas are likely to have higher average test scores, and housing …

Last Monday, Attorney General Eric Holder gave a policy speech at Northwestern University Law School, reportedly intended to “reveal publicly the legal reasoning behind [the Obama administration’s] d…

A majority of economists surveyed by Bloomberg expect the Federal Reserve to decide today to extend Operation Twist, but not to initiate another round of quantitative easing. Operation Twist is an ef…