The Federal Reserve could give banks a big incentive to expand by setting negative interest rates on their excess reserves. 

The stimulus package just passed is more than double the size of the cost of the New Deal.

Obama's exercise of war powers in Libya is firmly in the tradition of American foreign policy. While he has parted ways with antiwar Democrats, he still shows that he has to learn the ways of the executive.

President Bush's appointment of Homeland Security chairman Christopher Coxas chairman of the SEC may be good news for business, but not forthe future of homeland security.

One would think that lawmakers might want to refrain from nakedly self-centered activities for the sake of Americans' security. Wrong.

A proposed financial regulatory agenda for Ben Bernanke.

A provision to increase the tax on carried interest is currently under consideration in Congress, but the effects of such a change should be examined in closer detail before it goes into effect.

The Dodd-Frank Act was sold to the American people by the media and the Obama administration as necessary to prevent another financial crisis, but the financial crisis was not caused by weak or ineffective regulation. On the contrary, the financial crisis of 2008 was caused by government housing policies--sponsored and promoted by many of the same people who framed and ultimately enacted the DFA.