Fair Value Accounting A Critique By Peter J. Wallison Posted: Monday, July 28, 2008 Fair value accounting has been the principal cause of an unprecedented decline in asset values and an unprecedented rise in instability among financial institutions.[Full Story]
A Step Back from Enviro Lunacy By Michael Barone Posted: Monday, July 28, 2008 Lobbyists and litigators for environmental restriction groups have produced energy policies that future generations may regard as lunatic.[Full Story]
The Strange Death of the Tory Climate Crusade By Chris Pope, Matthew Sinclair Posted: Monday, July 28, 2008 Britain’s Conservative Party tried to exploit global warming alarmism and it backfired. Did they learn their lesson?[Full Story]
In the September issue of Economic Outlook, John H. Makin explains the ultimate lesson from the collapse of the housing bubble and the attendant credit crisis.