Legislation masquerading as a post-Enron financial reform conceals a monstrous multi-billion-dollar tax hike.

The current push to "expense" stock options is economically wrong. The right solution is to put them on the company's balance sheet.

Options are risky derivatives that represent risky claims on human capital -- they should appear on companies' balance sheets.

Options induce management to dedicate much effort and time to managing perceptions rather than the company.

The zero-expense frying pan or the fair-value fire? There's a better solution.
 

Luskin and Brenner strike back, answering a critic of their approach to accounting for options expense.

The legislative attack on accounting fraud isn't about accounting -- it's about political power, and higher taxes.

Gone are the hopes that Schwarzenegger would bring his own brand of Austrian economics.

Despite reporting distortions, a congressional report shows the rich pay proportionately more in taxes while all income earners do better.

The death of income mobility has been greatly exaggerated.