Here’s the problem: The president never defines what he means by “fair.” And this is for a simple reason: his definition is simply not recognizable to most Americans.

Regulation is necessary to overcome perverse incentives and ensure the quality of corporate governance ratings, which are important to institutional investors, managers, and their clients.

On Feb. 15, Leslie Moonves, the brilliant CEO of CBS, gave a piece of good news to investors — there would be an addition to the bottom line in 2012 of about $190 million, thanks to huge spending on political commercials coming into the network and its owned and operated...

The Federal Housing Administration is supposed to support low-income housing without costing taxpayers a dime. Today, the FHA is subsidizing middle and upper-middle income homes - and setting itself up for a huge taxpayer bailout. 

When Vladimir Putin returns to the Russian presidency on Monday, May 7, the pageantry surrounding his inauguration will aim to portray a picture of unassailable strength, a confident master of his domain invulnerable to pressures from within or without. But things are not quite as stable...

Government policies promoted a systematic loosening of underwriting standards in an effort to promote affordable housing, which then contributed mightily to the housing bubble, mortgage meltdown and resulting financial crisis.  

The following is excerpted and adapted from Mr. Brooks' upcoming book "The Road to Freedom: How to Win the Fight for Free Enterprise," to be released on May, 8 2012.Liberals often accuse conservatives of being obsessed by morality. But the truth is, many conservatives are reluctant to talk...

Yet his meetings with America’s top leaders, from President Obama on down, will be just as much a chance for Xi to size up the administration’s new policies toward Asia as they are an opportunity for U.S. officials to get a sense of whom they will be dealing with starting this fall.