Long-term trends in the evolution of banks help explain the bubbles in both commercial and residential real estate credit, increasing bank failures, and the insolvency of the Federal Deposit Insurance Corporation.

Congress must reform Fannie Mae and Freddie Mac, but reform will require a conversation on how the two organizations contributed to the fiscal crisis.

Canada's government-financing operation looks superior to the one in the United States in candor, as well as credit performance, as it achieves equivalent home ownership levels.

In spite of a 1,500-page financial-regulatory bill, Congress has made no move toward fixing the government's massive blunder at the center of the housing bubble and crisis, namely Fannie Mae and Freddie Mac.

The idea that home ownership confers special benefits on American society is deeply embedded in our culture--so much so that our national tax policy confers a special benefit of its own on it.

Three AEI scholars discuss the financial crisis and the misguided policies that led to it.

What are the implications of the Fed's actions on Bear Stearns? Four AEI scholars look closely at the evidence of what went wrong and what is ahead.

Despite assurances by the government that the action against Menatep and YUKOS is nothing more than a routine investigation, the choice of the prosecution belie such claims.