The subprime superfund will inappropriately reward financial players who undervalued risk and got burned.

Bold action can be designed with lower costs to taxpayers, while accomplishing the goals Treasury Secretary Henry Paulson has laid out.

Purchasing "toxic" assets is no easy solution.

The prospects for the U.S. economy in 2008 are not good, but there is hope for 2009.

The underlying problems that have caused the current credit crunch need to be addressed.

As a matter of policy, central banks should not relieve financial firms of the consequences of the firms' risky behavior.

Two recent, seemingly unrelated events weigh heavily on the question of whether America will remain able to protect its national security or languish in failed policies and a federal debt crisis that has led to our credit rating being downgraded.

It's not really economics. I think everyone understood what the president was doing--it was politics. He wants to increase taxes to support higher spending. I think that's probably the wrong approach.