We need fewer regulators, not more.

The chairmen of the Committee on Capital Markets Regulation summarize their recent findings.

Cost-benefit analysis of regulatory change may provide insights that could enhance the efficiency of our markets and strengthen investor protection at the same time.

Generally Accepted Accounting Principles (GAAP) is an accounting system that relies primarily on cost to establish balance sheet values. This works well when hitched to a depreciation system that reduces the value of assets as they are used up or made obsolete. But how should companies account for financial assets...

It is five years since the 2006 peak of the great housing bubble and time to re-state the repetitive lessons of financial history. Our recent financial adventures are memorable, but will they be sufficiently remembered?

Review of Searching for Joaquin: Myth, Murieta, and History in California by Bruce Thornton.

Public sector pensions are not discretionary government spending, which can be reduced to maintain affordability. They are deferred pay earned as part of a legally binding contract of employment, and their true cost should be properly measured.

In the wake of the global bust, loss reserve levels have become a matter of global debate.