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Bush’s Third Term Continues

President Obama's policies are remarkably similar to President Bush's. Most of their differences are in matters of degree, not principle.

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The Economics of Toilet Seats

Up or down? The debate is as old as the toilet itself. Economist Jay Pil Choi constructed a game theoretic model, and it turns out…

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Printing Money Troubles

New $100 bills that are harder to counterfeit have been rolling off the presses recently, with an error rate of 30 percent.

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Joe Biden vs. Adam Smith

Vice President Joe Biden recently said that every great idea of the last two-plus centuries came from government. My colleague Alex Schibuola and I rebut…