Can Americans work longer? Or, are we so broken down by our 60s that extending work life would be cruel? These questions stalk the debate over Social Security and Medicare. Critics of current policy, including me, have long urged that eligibility ages slowly rise to reflect longer life expectancy. Not so fast, counter others. Just because people live longer doesn’t ...

  With suspension of Brazil’s first woman President Dilma Rousseff on Thursday, a curtain will be rolled down on 13 years of leftist rule over Latin America’s biggest nation. Throughout these years, Brazil’s economy improved but nosedived in the last two years. Rousseff was suspended by the Senate for up to 180 days pending an impeachment trial on charges of ...

  Narayana Kocherlakota Have the U.S. Federal Reserve’s policies contributed to wealth inequality? Probably, but not in the way the central bank’s detractors think. Critics of the Fed’s efforts to support economic growth often argue that policies such as low interest rates and asset purchases have disproportionately benefited the rich. After all, they work in part by pushing up the ...