Did the woman who just passed me on the sidewalk really pick up a discarded cigarette butt from the waste bin and move on down the street?

As the woman walked down the sidewalk, I realized she was a bit disheveled.…

Does the market inspire people to greater practical virtue, or does it eviscerate what little virtue any of us have?

Far from draining moral goodness out of us—as many think—the free market serves as a “school of the practical virtues.” Rather…

What has it come to when you start getting anxious over a new budget document released by a federal agency like the Government Accountability Office (GAO), which some readers, of a certain age, will remember as the former Government Accounting Office? Maybe I…

The religious tensions are on the rise in Romania in the context of a political crisis in the country caused by the collapse of the governing coalition two months prior to the presidential election that will take place on November…

It seems that when an economy goes bad, the temptation for intellectuals to go and do likewise is too much for them to resist. Public thinkers across the spectrum, from Paul Krugman to Richard Posner, are now calling for a…

China, Russia, et al. are talking about shifting their monetary reserves out of U.S. dollars. Gold has hit $1000 per ounce, even though wholesale and retail prices exhibit a deflationary bias. The United Nations has called for a new world…

In the midst of ongoing debate over the scope and desirability of various health care reform proposals, an obvious and critical component of cost management is going unnoticed: malpractice litigation.

By all accounts the soaring costs of health care have precipitated…

As the number of foreclosures rises across the country, many borrowers are willing to do almost anything to keep their homes, opening themselves up to the growing abuse of mortgage and real estate fraud. In the real estate market as…

“There is nothing inevitable about another depression. We have a simple choice: We can repeat the errors of the past or we can avoid them.”

Those were my words, Feb. 8, 2008. It’s time for a “depression watch” update.

Unfortunately, it’s mostly…

Some of the promises our government has made in the last few months about “helping people keep their homes” may actually worsen the housing crisis.

New proposals ignore the real danger associated with “strategic default,” when homeowners decide to stop paying…