Three analysts discuss the major economic issues the nation now faces, given George W. Bush's electoral victory last fall. The problems are many, but three stand out: debt, deficits, and the dollar.

By not including a measure of household production in the U.S. GDP, the U.S. economy's performance since the early 1970s compared with the economy's performance since the Civil War has been underestimated. Had household production been incorporated into the U.S. measures, the source of the...

Productivity is not just an important concept for economists, but for other social scientists as well. This article by Jeff Matrick, Editor of Challenge and economics columnist for the New York Times, is a review of a the recently published edited volume Towards a Social Understanding of...

The United States is a rich country, but since the Inflationary crises of the 1970s, it has acted as if it were not. One of the inappropriate lessons the country learned then was to distrust government programs. But for the economy to work well and for the country to ensure that its broad...

The great economist Milton Friedman, who died in November 2006, would have had us believe he had found universal solutions to a wide range of economic and social problems. His views were narrower than he thought.