The Treasury Department’s plan to reform the federal regulatory structure for financial services has focused unusual attention on the insurance sector, which is part of the financial services industry but regulated solely at the state level. Among other things, the Treasury recommended that insurers have the option, like banks, to...

If Democrats think the public will rally around the political destruction of an extraordinary nominee, they are mistaken: It would undermine their prospects going into midterm elections.

The nomination of Harriet Miers is another chapter in the lost promise of the Reagan revolution.

George W. Bush deserves all the praise he is receiving forhis politically astute selection of John Roberts for Supreme Court justice.

Washington has many agencies with specialized jurisdiction over particular markets or issues. Competition is important and desirable in all of these markets. Economic theory, backed by numerous studies, predicts that increased competition and the ensuing market forces work best for meeting consumer needs. Regulatory agencies differ, however, in the extent...

The authors use ahigh-fidelity driving simulator to compare the performance of cell-phone drivers with drivers who were legally intoxicated from ethanol.