The election of 2012 raises two perplexing questions. The first is how the GOP could put up someone for president who epitomizes the excesses of casino capitalism that have nearly destroyed the economy. The second is why the Democrats have failed to point this out.

So sure, let's have a strong Volcker Rule. But how about a second rule -- call it a Common Sense Rule: Banks big enough to tank the world's economy should be held to standards at least as strict as the standards struggling homeowners have to meet.

We need to realize that it's the econometrics, stupid. If we do not, we will continue to develop, promote and implement policies, plans and programs that are mediocre at best and counter-productive at best.

Greece has walked a lot further down the path of perdition, but we're walking the same path and it's already too late to return.

Over the next four years, no area of foreign policy will impact American prosperity more than financial issues -- and to date, every single major policy move has been profoundly wrong.

Europe and the United States could face 10 years of slow growth and high unemployment if a global solution for the euro zone debt crisis is not im...

Ever since the current economic crisis began, it has seemed that five words sum up the central principle of United States financial policy: go easy on...

Excremental Change involves cleaning first the loopholes of the system and expelling all the dirt that is inside. Ask the Pirates of Heartless Capitalism where they hide and you will find the dirt.

The country's growing unemployment is overtaking subprime mortgages as the main driver of foreclosures, according to bankers and economists, threateni...

Without balanced trade productive companies operating in the United States are open to continuing assault from foreign entities advantaged by their governments.

While it is tempting to blame the succession of economic crises on greedy executives, sub-prime mortgage pushers and others of that ilk, it is in fact much more a system problem than a sudden widespread collapse of human nature.

When Sweden mandated that most fuel stations carry alcohol at the pump, GM's Saab division quickly engineered the model 9-5 to be an advanced flexible-fuel vehicle.

Businesses cut prices at a record rate and builders started fewer new homes last month than anytime on record, according to new government data, as th...