At this event, panelists discussed how to prevent the next real estate bubble.

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.

Conservatism's critique of current conditions is not as searching as it should be.

The Thai government is breaking patents on Western drugs, but such actionwill haveconsequences for theThailand,afflicted patients, and global health.

Instead of trying to find ways that government can remain involved in housing finance, the new Congress should consider how to withdraw the government from any role in financing prime mortgages and implement various promising private-financing mechanisms--covered bonds, the Danish system, and a more focused and regulated securitization system.