Something remarkable has happened in the last few weeks. It looks like world financial leaders are focusing on too few jobs instead of the risks from government debt.

Regardless of whether the Japanese economy makes a Keynesian recovery or enters a gargantuan sovereign debt crisis, there will be lessons for all.

Ben Bernanke has another 10 months in his term as Federal Reserve chairman, but that hasn't stopped the economic punditocracy from obsessing over who will replace him.

How much debt can America handle? The question is one of the most fundamental the nation faces, and the answer should determine how the United States handles the delicate task of reducing budget deficits without walloping economic growth. A new paper argues that the number ...