One of the strangest developments in financial markets this year is the "Lafite effect." It offers a valuable lesson about investing.

Two bulls and a bear square off on what the markets have in store.

Has Alan Greenspan joined the ranks of bubbleologists?

Please join AEI for a series of policy discussions on the Hill to mark the week of the State of the Union address. These discussions will frame the many challenges we face at home and abroad in 2012 while also offering solutions. Food will be provided at each of the events on the Hill, so please RSVP to guarantee your meal.  

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

Thisanalysis of the stock market bashes the conventional wisdom about bubbles, showing that such famous examples as Tulipomania were not, in fact, bubbles at all.

The governments of U.K., Ireland and Greece have embarked upon ambitious, sometimes painful efforts to restore their economies Of the three, the U.K. and Ireland took their medicine, while Greece decided the taste was just too awful, and its irresponsibility threatens every euro-zone country.

A brief examination of Americans' mounting revolt against rising property taxes.