The Supreme Court's decision in Exxon Shipping v. Baker highlights the need for legislative reform of arbitrary punitive damage awards.

It’s depressing to watch, but it is missing the point that the Volcker rule would not have prevented the loss and is probably unworkable.

The Paycheck Fairness Act looks like common sense, but instead of helping women it will hurt all workers. The legislation, built on 30 years of spurious advocacy research, will impose unnecessary and onerous requirements on employers.

Unlocking "unconventional" energy requires unconventional politics, and that's one resource that is genuinely scarce among today's backwards-looking bureaucrats and green interest groups.

Ready for the battle in November? You probably think I’m talking about the election. No, I’m talking about the battle around your Thanksgiving table. The dinner conversation will turn to politics and the economy, and it will be your job to stick up for capitalism and free markets.

The Gulf Coast oil spill offers an opportunity to reflect on the basic principles of tort law, which makes clear that in this case full economic damages are appropriate but punitive damages should not be pursued.

John Kerry is right that there was a mysterious 13th member at the table who caused the supercommittee to fail. But it wasn’t Norquist. It was Occupy Wall Street.

The proposal to deny capital gains tax treatment to owners of investment partnerships threatens to turn the tables on decades of business tax law and practice, penalize more than a million entrepreneurs, and further stall the country's economic recovery.