It’s the beauty part of free-market capitalism: To successfully pursue happiness, you must help others do likewise.

The world is becoming increasingly scary at the very time that the military will be facing 20% reductions. With each passing day, the world closes in; with each passing day, our ability to manage that world degrades.

Successfully translating scientific discoveries requires a sense of urgency, which some disease foundations seem to have, and many big pharmas appear to need. Patients waiting expectantly for medical research to produce important new cures are finding bad news almost everywhere they turn.

For any housing finance reform plan to be credible, it must do much more than wind down the GSEs. Because of the Dodd-Frank Act a number of formidable legal obstacles now exist that must be cleared away before a private securitization market will come back. If the administration is serious, its plan must address all these issues.

Clear capital requirements are all we need.

President Obama's unhealthy fixation with manufacturing is based on a nonexistent foundation and his interference in the natural economic process will invariably cause harm.

Over the past year, Treasury secretary Henry Paulson and Federal Reserve chairman Ben Bernanke have moved from crisis to crisis, improvising as they go.

The United States may not have laid the foundation for sustained expansion, with real per-capita output still 2.2 percent below its 2006 level. The chance that the economy slips into another recession within a year is about four in ten.