There are high-quality, growing businesses trading at value-stock prices. What more could you want?

Losing money is embarrassing. And an embarrassed Jamie Dimon publicly admitted that J.P. Morgan Chase goofed. Three senior executives lost their jobs as a result. But politicians and regulators in Washington are rushing to leverage the bank's misfortune for their own gain.

The massive government spending during World War II did not lead to an economic boom. Economic historians have known for some time that the war cut personal consumption as Americans saved their paychecks in record amounts.

The push for President Obama's Patient Protection and Affordable Care Act sparked one of the most acrimonious policy debates in American history. Two years later, the misconceptions distorting the debate persist. That's what makes the arrival of Christopher J. Conover's new book, "American Health Economy Illustrated," so valuable.

When Vladimir Putin returns to the Russian presidency on Monday, May 7, the pageantry surrounding his inauguration will aim to portray a picture of unassailable strength, a confident master of his domain invulnerable to pressures from within or without. But things are not quite as stable...

We are in the midst of the eleventh presidential nominating cycle since party commissions and state laws made primaries the predominant method of choosing national convention delegates in 1972. Over the years politicians and journalists develop rules of thumb to describe how these things work. In this cycle, some of those rules seem to be changing.

Debt of non-budget government agencies is not counted officially as "government debt," which is harmful to American Taxpayers.

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.