Why America Should Be Bullish About Wall Street

A Dynamic Stock Market Fuels a More Open Society

You should be celebrating the fact that the stock market is soaring.

Yes, I’m talking to you, even if you are not a trust fund baby—make that especially if you are not a trust fund baby.

I fear that with all the politicized talk of “Wall Street” and the images that shorthand conjures up in our minds of rapacious bankers and hedge fund managers, we’ve lost track of what the stock market is really all about. A bright young colleague of mine recently said she’d put a little money in the …

Argentina Inches Closer to Wall Street

Voters Reluctantly Say Farewell to Peronism

Economic crises besiege Argentina with the regularity of earthquakes over a tectonic plate. These crises can be devastating, wiping out family savings, employment, and life plans. It seems we’re always …

Should We Have Let Wall Street Go Bust?

Perspectives on the Much-Hated, Much-Attacked, and Much-Defended Great Bank Bailout of 2008

Unless we were very young or very oblivious, we remember the financial panic that followed the collapse of Lehman Brothers on September 15, 2008. Wall Street ran to Washington and …