Semper Cogitans; Numquam Laborans

The United States Senate is in the mood tonight to vote quickly without much debate: Breaking: Senate Passes Rescue Bill By a vote of 74-25,...

Prof. Ribstein writes: Yesterday the FASB and the SEC relieved banks from marking securities to market prices that reflect “fire sale” value...

Speaker Pelosi place blame: But only a part of the cost of the failed Bush economic policies to our country. Policies that were built on bu...

Harvard economist Jeffrey Miron makes sense: Congress has balked at the Bush administration's proposed $700 billion bailout of Wall Stre...

(Initial reactions interspersed.) Good evening. This is an extraordinary period for America's economy. Over the past few weeks, many Ame...