In the latest Financial Services Outlook, American Enterprise Institute (AEI) housing experts Peter Wallison and Edward Pinto explain how decades of government intervention have gravely harmed America's housing market.

The Obama administration should have cancelled the summit as soon as it learned that China was going back on its word – that is, until Chen and his family could go back to the embassy and get out of China. As the Chen Guangcheng saga gets stranger and stranger, and becomes a major diplomatic embarrassment for the United States

The banking industry suffered credit crises in the 1970s, 1980s, 1990s, and 2000s. An unavoidable conclusion is that its loan loss reserves were in all cases too small. 

The late New York Times columnist Bill Safire was known for channeling the “Great Mentioner,” the unseen oracle who launched political careers into the stratosphere simply by mentioning a person’s name. Today, a more malevolent oracle is at work in Washington — call him the “Great Whisperer” — seeking to...

The Financial Stability Oversight Council is now prepared to designate 'systematically important financial institutions', another step towards creating an unhealthy and dangerous relationship between the biggest financial firms and the federal government. Read AEI financial services expert Peter Wallison's detailed insights on how this change poses a serious threat to the US financial system.

Political dysfunction. Partisanship at record levels. Attack politics run amok. And public approval of Congress scraping the single digits (Sen. John McCain is fond of saying it's down to blood rlatives and paid staff).

AEI Scholar Michael Mazza offers his insight on North Korea's failure to launch a missile.

For-profits may have incentives to cut corners in pursuit of profits, but this trait is the flip side of valuable characteristics: the inclination to grow rapidly, readily tap capital and talent, maximize cost effectiveness, and accommodate customer needs. Alongside nonprofit and public providers, for-profits have a crucial role to play in meeting America’s 21st century educational challenges.