The new endowment tax will subject the country's wealthiest institutions to hundreds of millions of dollars in tax liability.

David Gergen was one of those rare public figures whose reputation preceded him. Gergen’s legacy was not only tied to the four presidents he served but to the thousands of students he mentored, ...

The treatment of personal information as property is not a policy recommendation but a reflection of how courts and individuals are already behaving under common law.

In a recent paper, Prest of Resources for the Future asks “How Much Would Expanding Federal Oil and Gas Leasing Increase Global Carbon Emissions?” I shunt aside here a critique of Prest’s ...

The U.S. debt is on an unsustainable path because entitlement spending far exceeds revenues. Policymakers must choose between cutting benefits, raising broad-based taxes, or letting future generations ...