The Editors
Time for Pfizer-Allergan’s tax magic to disappear
A tax inversion is a kind of magic trick. Driven by the dysfunction of the American tax code, U.S. companies can merge with smaller...
Food poisoning is costly, deadly and way too common
It’s a mistake to make a federal case out of a single outbreak of food poisoning. It’s worth pointing out, however, the utter failure...
Congress takes small step forward in fighting hackers
The cybersecurity bill passed by the Senate Wednesday was six years and innumerable legislative fights in the making. In the end, Senator Harry Reid...
The SEC shouldn’t be prosecutor, judge and jury
The U.S. Securities and Exchange Commission wants to show it can be trusted with a potent weapon: The ability to act as prosecutor, judge...
The government can’t fix every health care problem
NEW YORK - Years of debate over Obamacare have left too many people with the impression that health care problems can usually be solved...
The U.S. economy is still missing 2.7M jobs
If the U.S. Federal Reserve is looking for reasons to increase interest rates sooner rather than later, it won’t find many in the latest...
VW’s diesel fraud goes beyond regulatory failure
Volkswagen has been cheating on its U.S. government emissions tests for years. And it was a small, independent research institution, not the Environmental Protection...
Congress wants to make your taxes more complicated
“Simplify, simplify,” urged Thoreau. No friend of taxation, he might have been envisioning the modern Internal Revenue Code. At roughly 3.7 million words, it’s...
When markets plummet, who knows who’s most at risk?
When markets plummet as they did in recent days, regulators need the answer to a crucial question: How many of the world’s banks, hedge...
Venezuela’s neighbors face crisis next door
Venezuela is slipping toward a humanitarian crisis. News of its latest economic low point, or of President Nicolas Maduro’s most recent political tantrum, tends...
