Editorials: Finance, Insurance, and Real Estate

Foreclosures Serve a Vital Purpose

Payday Loans: Filling the Gap?

Lawmakers, Undo Some of 2007 Reforms

The Subprime Crisis in Historical Perspective

Obama Hints at New Mortgage Refinance Program; Expect More Failure

President Obama apparently has noticed home mortgage interest rates are at or near record lows.

Getting the Enron Story Straight

The stories about the failure of Enron that appeared in The Wall Street Journal of October 17, 2011 missed out on several interesting points in law and economics.  

EAS Program a Complete Taxpayer Waste

The Essential Air Service Program, a truly lame-brained government subsidy whose fate played a role in the recent near-shutdown of the Federal Aviation Administration, deserves its place on the choppi

Court Got It Right

The decision by the Appeals Court of Maryland to allow Allstate to stop writing policies along the Atlantic Coast, while unpopular, was done for the right reason ("Court Upholds Hurricane Insurance De

The Fed's Ticking Inflation Bomb

Larry Kudlow, as usual, said it best. Writing in Investor's Business Daily on September 14, he said: