President Barack Obama plans to make a detailed announcement on Wednesday about a plan for a new federal regulatory agency that would oversee credit cards and banking transactions but also reportedly give the federal government power to intervene quickly into myriad areas of the economy...

It's hardly news to anyone that deregulation has become a dirty word in the Obama administration...

To borrow Niall Ferguson's metaphor -- if finance is an evolutionary process, then regulation is its intelligent design -- a cognate of faith, not science...

Charles Platt, author and journalist, talks with EconTalk host Russ Roberts what it was like to apply for a job at Wal-Mart, get one, and work there...