The strain imposed on the hedge fund industry by the financial crisis is being exacerbated by an extraordinary number of redemption requests from investors.

Critics have renewed their calls to tax the carried interest as ordinary income. Unfortunately, the populist rhetoric used by some critics can obscure the facts about how carried interest is actually taxed.

The Shadow Financial Regulatory Committee endorses the establishment of a procedure in which substantial hedge fund failures are automatically subject to forensic examination.

With school districts clamoring to partner with Sal Khan, in 2012 we’re going to hear a lot about the transformative potential of the “flipped classroom.

AEI is inaugurating a series of conferences to increase the level of understanding of the role of hedge funds in global capital markets.

The pursuit of extraordinary returns on investment has created a hedge-fund culture of secrecy, as hedge-fund managers guard their profit-reaping strategies. As an infant industry...

Under the Dodd-Frank financial-reform law, large nonbank firms may be declared systemically important because their failure will cause a systemic breakdown. In effect, this amounts to a government statement that these firms are too big to fail.

Why are so many investors boors?

I’m not talking about a couple of bad eggs here or there.  As far as I can tell, there’s a distinctive phenotype that may not describe all investors, but certainly seems to capture far more than chance alone would dictate.

Boors, you ask? ...

The Dodd financial regulation bill lacks any recognition of the existence of a competitive market.