Many critics worry that the Federal Reserve Board's rescue of Bear Stearns will encourage financial companies to engage in even riskier behavior in th…

The author of Capital in the Twenty-First Century has a flawed view of capitalism.

It's good to see a long-term stock market bear concede that stocks are not overpriced.

The smart money sees powerful economic forces, which transcend the power of the Fed, pushing interest rates downward.

With today's low interest rates, it makes sense that price-earnings ratios should be higher than average.

Nobel laureate Robert Shiller showed that fluctuations in the stock market were consistent with fads and euphoria.

In the future, the Fed will have a much tougher job convincing the markets that it means what it says.

I still believe we will emerge from the slow growth in productivity. Nevertheless, it's crimping corporate profits.

Without the Fed's actions, Americans would be facing the same kind of deflation we suffered in the Great Depression.

The economy is nowhere near a cyclical peak, so earnings and stock prices still have room to rise.

30 years ago, a bipartisan commission (yes!) helped fix these entitlement programs. Let's try it again.

You can't keep marginal rates low if you allow deductions for such items as mortgage interest.