Comparing the American housing finance system to other countries makes clear that one thing remarkable and indeed unique in the world about American housing finance was the dominant and disproportionate role played by government-sponsored enterprises

The variety of international experience suggests that there is every reason to think broadly and openly about the possibilities for developing a better, post-GSE U.S. housing finance system for the future.

Barack Obama’s presidency has had profoundly negative consequences for our national security. From debilitating cuts in defense budgets, to gutting national missile defense efforts, to his unwillingness to acknowledge a continuing war against terrorism, to his inability to stem the nuclear proliferation threats posed by North Korea and Iran....the picture is bleak.

The current U.S. housing bust has been described as the worst since the Great Depression, butthe financial and economic collapse in 1933 is virtually impossible for people today to even imagine.

The optimistic forecasts of subprime recovery have not panned out.

In order to overcome the subprime mortgage bust, we must help borrowers to become more competent and informed.

Why all countries will come together more and more to hold the World Bank accountable for its questionable practices.

In his new book, Global Financial Warriors: The Untold Story of International Finance in the Post-9/11 World (W. W. Norton, January 2007), John Taylor recounts his experiences on the financial frontlines as under secretary of the Treasury for International Affairs from 2001 to 2005. During his tenure at the Treasury,...