Eric Posner


Eric Posner News

  • Washington's Executive Order Disorder

    Why are Republicans making a big stink about executive orders?

  • Obama Rejects Call to Use 14th Amendment to Fix U.S. Debt Fight

    President Barack Obama rejected calls for him to invoke the Constitution’s 14th Amendment to skirt Congressional approval for issuing new debt, as both political scholars and legal experts said such a crisis- aversion plan would be risky and potentially illegal.

  • Sweaty Wall Streeters Skip Booze for Spin-Class Meetings

    Wall Street’s salesmen and dealmakers, whose expense accounts help fill downtown chophouses and box seats at ballparks, are now treating clients to a different kind of entertainment: high-end workouts.

  • Derivatives Lobby Has U.S. Regulators on the Run

    The derivatives industry is squeezing Washington like a python. Desperate to control the tone and thrust of derivatives regulation, industry lobbyists have been swarming over the Commodity Futures Trading Commission and the Securities and Exchange Commission, each of which is writing derivatives rules as mandated by the Dodd-Frank reform law.

  • An FDA for Securities Could Help Avert Crises

    In February, Mary Schapiro, chairman of the Securities and Exchange Commission, said the agency is looking for ways to rein in high-frequency traders. That is, the people who use computer algorithms to buy and sell derivatives at lightning speed to make instantaneous profits.

  • More Bankruptcies Won’t Solve Cities’ Crises

    In debating the meaning of Detroit’s collapse, commentators on the right and the left have found evidence for the benefits of municipal bankruptcy as a way to put distressed cities back on track.

  • Financial Rule-Makers Must Learn to Use Their Calculators

    Believe it or not, U.S. financial regulators don’t have to calculate the economic impact of the rules they write. It’s an omission they should correct before it becomes a serious obstacle to fixing the financial system.

  • U.S. Economy Needs Stimulus, Not Soothsayers

    Here’s something you don’t often hear an economist admit: We have very little idea where the economy will be next year.

  • Democrats Resort to Magical Thinking on Obamacare

    In the span of one week, Democrats went from dismissing the possibility that the Supreme Court would strike down the 2010 law mandating individuals to buy health insurance to consoling themselves that any such action would have a silver lining.

  • Washington Whiffs at U.S. Foreclosure Mess: Douglas Holtz-Eakin

    There is little doubt that the U.S. housing market is hurting; the latest S&P Case-Shiller index shows residential values declined 4.2 percent in the first quarter compared with the previous three months.

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