Financial Markets

Regulators claim to guarantee equality of  information, but no market can live up to that standard.

Government errors caused the problems and they still do. (Commentary by James R. Barth)
 

The Fed has pumped up the stock market, setting in motion certain inevitable consequences. (George Reisman provides an Austrian perspective)
 

Government policies discourage saving, but in a free market there is no optimal trade-off with consumption. (An excerpt from an interview with Richard K. Vedder.)

Economists and their crystal balls.

The perils of Social Security reform.

The government controls the money it spends.

The public debate on Social Security is wildly off track. 

The most talked-about financial failure of the year is Long-Term Capital Management, an investment partnership (loosely termed a hedge fund) run by Wall Street darling John Meriwether.

A billionaire speculator turns against capitalism.