On September 27, 2006, California governor Arnold Schwarzenegger signed AB 32, an act that would cap California’s greenhouse gas emissions at 1990 levels by 2020. This is the first law in the country establishing a mandatory cap on statewide greenhouse gas emissions. The California law requires aggressive emissions cuts, but...

Five million green jobs, a $350 billion green stimulus package, billions more to green Detroit--there has been frequent mention of greening the economy in recent months. But while many numbers and goals have been tossed around regarding green job creation (from 2 to 5 million) there has been relatively little...

Why do only a minority of Americans feel that they have saved adequately for their retirement? Little is known about why people fail to plan for retirement and whether wide variations in Americans’ financial knowledge may affect their decisions about how much to save and which investments to hold.

At this...

In his new book, Global Financial Warriors: The Untold Story of International Finance in the Post-9/11 World (W. W. Norton, January 2007), John Taylor recounts his experiences on the financial frontlines as under secretary of the Treasury for International Affairs from 2001 to 2005. During his tenure at the Treasury,...

American hospitals have undergone substantial changes in the last quarter-century due to changes in medical technology, changes in payment policies by Medicare and other third-party payers, and new forms of competition from outpatient care and specialty hospitals. Still, the future of the hospital sector is a major issue in all...

Could Obama's energy plan actually work?

Government policies and regulators are to blame for the financial crisis.

A critical step in reducing greenhouse gas emissions is the introduction of new technologies for energy supply and use.