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THE BREAKTHROUGH AMERICAN infrastructure of the early 19th century was the Erie Canal, which connected the Midwest farm belt with the Port of New York and the eastern seaboard. In the second half of the 19th century, the railroad offered the next infrastructure revolution by connecting the two oceans and the continent in between. In the [...]

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The recent European Commission order to Ireland to collect $14.5 billion in back taxes from Apple Inc. has led to outcries from Apple, Ireland, and theUnited States government. Apple, of course, defends its aggressive tax avoidance schemes. Ireland defends its tax-haven status. And the U.S. government claims the money may actually be owed to the U.S. rather than [...]

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There is nothing more important for our economic future — or less understood — than the federal budget. It allocates around 20 percent of our national output to such crucial priorities as health, education, science, the environment, and national defense. It determines, to a large extent, the extent of suffering from poverty and even the [...]

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Over the next several weeks, I will explore the economic choices facing the United States and its relations with the rest of the world. The election season obviously makes this timely, yet the real choices facing our country will not be settled in November. The debates will take place over many years. We had best [...]

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Syria’s civil war is the most dangerous and destructive crisis on the planet. Since early 2011, hundreds of thousands have died; around ten million Syrians have been displaced; Europe has been convulsed with Islamic State (ISIS) terror and the political fallout of refugees; and the United States and its NATO allies have more than once [...]

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