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What Role Should Banks Play in the Financial System?

Regulation has made banks sturdier, but the financial system as a whole is less safe.

Rising Employee Tenure: Good or Bad for U.S. Labor Markets?

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Americans are staying with their employers longer — good for stability but bad for labor market dynamism.

Will Oil Prices Recover? An Interview With Adam Sieminski

Adam Sieminski

Oil prices at $75 a barrel are a realistic possibility in 2016.

Our opinion on important issues of the day.

April 2015

The Digital Divide Grows Wider
Medicaid Consumes More State Resources
The Drought and Fracking
Working Without a Diploma
Additional Articles

Why Are Stock Prices So High?

Slow growth in most financial assets pushes investors toward equities.

How Much Does a Fed Rate Rise Matter? An Interview With Marti Subrahmanyam

The speed, size and real economic impact of a looming Fed interest rate liftoff may be smaller than expected.

Middle Class Economics: Is There a Middle?

Rich and poor are well-defined, but the middle is a muddle of special situations.

Will Inflation Pick Up in 2015?

Monetary easing and a potential oil price reversal suggest inflation could be on the rise by late 2015.

Understanding China’s Urban Real Estate Market

Pieter Bottelier tells us why a hard landing is unlikely despite the recent slowdown.

Wages and Fed Policy — Making Promises You Can’t Keep

If the Fed waits to meet its own criteria, a rate rise will be a long way off.

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