We need good economics over politics, now more than ever. That means sensible tax reform, a Fed focus on maintaining liquidity, and rationalization of the European monetary system.

Sir, Lawrence Summers is certainly correct in asserting that the right focus of the European countries must be on restoring economic growth if they are to restore fiscal sustainability (“Growth not austerity is the best...

If President Obama still wants to turn our economy around, it's time for him to act more like Franklin Roosevelt-but not in the way he might think.

Attempts at austerity and deleveraging in Europe have converted an economic problem into a political dilemma, with leftist governments rising against Germany's austerity-laced rescue packages. Germany now faces a tough economic decision that will involve choosing between a breakup of the current euro system and a movement toward a common fiscal policy in Europe.

Everyone knows presidents have larger-than-life size egos. It goes with the job. But changes on the official White House website reveal that we've never had a self-regarding narcissist quite like the oval Office's current occupant.

The longer the financial crisis in Europe drags on, the greater the risk of a European economic collapse with substantial additional negative spillover effects on the United States and the rest of the global economy.

On the third anniversary of the collapse of Lehman Brothers, the U.S. economy continues to disappoint, and the U.S. labor market has hardly made any progress at all.

Only overwhelming sanctions leading to Iran’s economic collapse can work, but with Russia and China shielding Iran, such crippling sanctions appear unlikely.