There is a limit to the degree domestic regulation can go without severely impairing the global competitive economic advantages that the United States has enjoyed for so many decades.

With the bursting of the US housing market bubble in 2007-08, praise for Alan Greenspan soon turned into almost universal condemnation. It is all too likely that a similar fate awaits Jean-Claude Trichet as the euro unravels over the next year or two.

By maintaining interest rate differentials in favor of Europe, Mr. Trichet runs the risk of fueling the euro's rise against the dollar that would only exacerbate deflationary pressures on Europe.

Chairman Greenspan was one of the earlier identifiers of the emerging acceleration of productivity during the 1990s.

Allan H. Meltzerhas provided what is, by far, the most detailed analysis of Federal Reserve policy through the Federal Reserve-Treasury Accord of 1951.

It is both remarkable and encouraging that, despite all that has transpired over the past couple of years, a significant step-up in the growth of productivity appears to have persisted.

After the second rate increase in as many months, Alan Greenspan and his colleagues at the Federal Reserve have been taking some strong criticism for allegedly wanting to spoil the American economy's boom. Politicians of both right and left, Wall Street mavens and corporate executives have all weighed in with...

The Federal Reserve Board and its chairman are being criticized for wanting to rein in the current economic expansion--when the Fed’s implicit forecast for the U.S. economy is rosy.