It's time for Wall Street to pay reparations for the financial collapse it caused. It's time for a crash tax, a tiny sales tax on Wall Street transactions, the revenues from which would pay for Main Street restoration.
The Occupy Wall Street demonstrators are being characterized as to the left on the political spectrum. But there is nothing left-wing about wanting what was for many years seen as a very conservative approach to bank size and risk.
Let's face it: There will never be enough regulations and regulators to police all of the gray areas in a system this complicated. The best remedy is drastic simplification.
In an op-ed piece in the New York Times, Paul Volcker issued an eloquent warning against economic policymakers deliberately increasing the inflation rate.
"Men loving men, that is what golf is," proclaims actress Joanne Whalley in a Scottish brogue in Golf in the Kingdom, which premiered in New York City last Friday.
President Obama was dazzling in his decision-making to send U.S. Navy SEAL Team Six to get Osama bin Laden. It's now time for him to adopt this same laser-like focus on creating jobs.
It is rare that a commentator gets to write a column that is unreservedly rosy and infused with optimism for the future. I think it's certainly salutary given all that we've had to contend with.
As INET Executive Director Rob Johnson said, "last year's conference punctured the mystique of market stability (not to mention real events). This year, the conference will shatter the illusion of control."
Obama seems fatally addicted to the notion that the heavy hitters who got us into this financial mess are the very folks to be trusted to get us out of it.
In Part One of this essay, we mapped the tactile, political surface of financial reform - focusing on the ideas and behaviors of individual political ...
This is a two-part essay about the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, a 2,300-page piece of legislation ...
Rising like a Phoenix, the defunct Economic Recovery Advisory Board is reconstituted with Big Business at its helm, new membership in support and a new name to capture the emerging affection for job creation. It could work.
Today, President Obama welcomes Jeffrey Immelt to his White House inner circle as chair of a newly created jobs council after saying good-bye to econo...
Last night at a Common Cause dinner in New York, Paul Volcker singled out the danger facing the U.S. if the dollar no longer retains its role as a global benchmark.
Despite numerous naysayers, the case can be made that Bernanke's massive monetary easing to pre-empt deflation will be judged as successful as Paul Volcker's drastic 1979 tightening was in combating inflation.