If the goal of regulatory reform is to minimize the odds of future financial meltdowns, GSE reform must be included in the financial reform package.

Risk-inviting microeconomic rules of the banking game that are established by government have always been the key additional necessary condition to producing a propensity for banking distress.

Despite an unbroken record of failed efforts to usher in a utopian “green” economy, proponents of the great green future are undaunted.

The 30-year fixed-rate mortgage, the most common way U.S. buyers finance a home purchase, isn’t the ideal instrument its supporters claim it to be.

During the past three decades, bank supervision and regulation have failed. The banking industry—in the United States and worldwide—has been beset by an array of unprecedented and severe crises. At this AEI event, professor Charles Calomiris will lay out a 10-point "incentive-robust" framework for financial reform and a panel of experts will discuss his work.

So the stimulus--the so-called American Recovery and Reinvestment Act of 2009 or ARRA--is starting to wind down. What are the results?

This paper analyses the impact of comparative effectiveness research (CER) on health and medical care spending interpreting CER to shift the demand for some treatments at the expense of others.

The housing finance system of the future needs to have countercyclical factors built into it and much bigger loan loss reserves in good times to avoid the illusory profits which feed booms and bubbles.