The life and death of the Second Bank of the United States is a cautionary tale about the exercise of monetary power.

Through hard work and force of personality, John Peyton transformed the Minneapolis Fed into a source of strength and succor in turbulent times.

The First Bank of the United States created an enduring model for markets and monetary policy.

To address global warming, most economists favor a focus on prices, not quantities.

The economics of catastrophe risks are fundamentally different from those of risks covered by standard insurance contracts. Size alone is not necessarily the critical difference, nor is the sporadic and unpredictable nature of catastrophes. The key unconventional features needed to deal with the...

Contrary to last year's U.S. Supreme Court ruling Kelo v. City of New London, using eminent domain to foster economic development diminishes rather than enhances economic growth and the public good.

A behind-the-scenes look at the Fed’s open market operations.

From 1950 to 1990, married women tripled their hours in the workplace. New research suggests that reduced wage discrimination-not better appliances or higher incomes-caused this sea change in the workforce

Pricing mechanisms, not fuel-economy standards, offer the best hope for reducing motor fuel consumption