The Lisbon Council's 2015 study on intellectual property is shown to be a showcase of methodological blunder, including the use of five different currencies in an inter-country analysis, cherry picking results from over 460 statistical tests based on sample sizes no larger than 8, and many other...

Using a time series of fifty years, the relationships between investment by telecommunications firms and Gross Domestic Product in the United States are examined. Granger-Sims causality tests are conducted, with proper allowance for both the non-stationarity of the data and lag length. These...

With a sluggish economy, high unemployment, and unprecedented deficit spending, growing the economy and curbing federal spending are top priorities in Washington. A now-popular target for reform is regulation, which even President Obama claims to have "stifled innovation" and to have had "a...