It’s unfortunately getting easier and easier to find confirmation that “regime uncertainty” is the biggest drag on the U.S. economy’s chances of recovery. This, from a front-page story in today’s Wall Street Journal: The U.S. has ample resources to restimulate the global recovery. U.S. companies are sitting on some $1.8 trillion in cash—the highest...
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According to the FBI, violent crimes declined 5.3 percent in 2009, the third year in a row they receded, and property crimes declined 5.3 percent, the ninth year in a row they decreased. Sociologists, political scientists, criminologists, economists, journalists, pundits and policy wonks will no doubt offer up their theories to explain this trend....
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A new study from the Federal Reserve Bank of San Francisco confirms research by Independent Institute scholars that immigrants improve the U.S. economy as a whole, including employment prospects and wages for native-born Americans: total immigration to the United States from 1990 to 2007 was associated with a 6.6% to 9.9% increase in real...
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