There’s a reason people say “put your money where your mouth is.” Predictions are free, but a friendly wager acts as a tax on the delusional. And there is perhaps no topic of debate where this sort of ...

Bloodletting is the withdrawal of blood from a patient to cure or prevent illness. It was based on an ancient system of medicine in which the proper balance of bodily fluids like blood were considered ...

It is accepted by most economists that initial increases in consumer spending or other outlays tend to set in motion a reinforcing process which supposedly strengthens the economic growth by a ...

A key issue facing the new Obama administration is to what extent the economic stimulus should take the form of spending increases versus tax reduction. One way to think about the issue is the size of ...