President Obama does not seem to understand that the single most important concern for most Americans is the vast and growing national joblessness. No one seems safe from the spreading collapse of work. Indeed almost 30 million Americans who want jobs cannot find one, and their ranks are growing by...

America is a far more creative place than other nations largely because it relies on "small entity" inventors -- independent inventors, small companies with fewer than 500 employees, research institutes, and universities -- for its major innovations. Other countries, such as Germany and Japan, rely on large firms with more...

Despite the Wall Street crash and bailout, U.S. mortgage fraud remains at epidemic levels. The math tells the story. The U.S. Treasury Department, under the authority of the Bank Security Act, collects "suspicious activity reports" (SARs), which the financial industry is required to file. In 2000, the Treasury received 3,500...

President Barack Obama went to the center of New York's financial district this week to describe how his Administration intended to overhaul U.S. financial regulations. The hallmarks of these reforms, he said, would be transparency and accountability.

Fortunately, the President need not wait on Congressional enactment of legislation to get...

The unemployment rate for Americans between the ages of 16 and 19 reached a Depression era level of 25.5 percent in August -- the highest point since the Labor Department began keeping those records more than a half century ago. Most of these 1.5 million unemployed young people live in...