Robert Reich

We’ll all suffer if the Fed doesn’t bail out hedge fund speculators, but that doesn’t mean their irresponsibility should be excused or forgotten.

A basic free market principle is that when consumers cannot differentiate between risky products and good products, they’ll withdraw from the market. That’s what sub-prime mortgage investors are doing now.

We’ve become a nation of financial entrepreneurs, but we were better off when our most talented young people focused on competition in the real economy.

It’s not a carbon tax and it’s not a cap-and-trade system. It’s a carbon auction.

Why is the stock market still bullish? You can thank leveraged buyouts and corporate buy-backs of stock for it. But make no mistake: This can’t last.

When the super-rich use offshore tax havens to avoid paying what they owe in taxes, the consequence ought to be the loss of U.S. citizenship.

Here’s how to prevent college loans from being a straitjacket that determines graduates’ career choices.