In less than twenty-five years, government “affordable housing” and other housing policies have turned a healthy market into a financial ruin. Until Fannie and Freddie’s market dominance and the government’s role in the housing finance system are substantially reduced or eliminated, the United States will continue to have an inferior and unstable housing market.

In the latest Financial Services Outlook, American Enterprise Institute (AEI) housing experts Peter Wallison and Edward Pinto explain how decades of government intervention have gravely harmed America's housing market.

Indeed, price controls are one of the most pernicious kinds of government regulation. In an ironic twist, they often lead to higher consumer prices over time because they build inefficiencies into economic transactions and decision-making that end up costing consumers more money in the long run.

Government attempts at decreasing American dependence on foreign oil have been largely unsuccessful. However, a new energy alternative from the private sector has increased energy supply and reduced the need to look abroad for energy sources.

It's tempting to call the shameful taxpayer subsidy for electric cars - vehicles that are unaffordable for all but a small number of wealthy Americans - this nation's costly little secret.

Just when it looked like the job market was going to rebound, recent unemployment numbers revealed a disappointing reality.

In "Freedom’s Forge: How American Business Produced Victory in World War II," Pulitzer Prize finalist Arthur Herman describes how the U.S. won history’s greatest conflict by harnessing free market principles and private-sector creativity and innovation to increase war production.