Thanks to a deal finalized in 2008, Chicago’s parking meters will be operated for the next 75 years by a group of investors put together by Morgan Stanley, including the sovereign wealth fund of Abu Dhabi.

Public borrowing is costly these days, true, but interest rates on municipal bonds are still considerably lower than those borne by corporate debt.

I was never a fan of Barack Obama's bipartisanship routine.

In small towns, bored teenagers turn their eyes longingly to the exciting doings in the big cities, pining for urban amenities like hipster bars and farmers' markets and indie-rock festivals. Like everyone else, they want the vibrant and they will not be denied.

When money is exchanged for pregnancy, some believe, surrogacy comes close to organ-selling, or even baby-selling.

There is much to dislike about President Obama's approach to the financial crisis. But opposition, it seems, will have to come from somewhere other than conservatism. The party out of power is also a party out of touch.

When you take somebody's quote out of context, which happens all the time, nobody's ever going to go and do the research on their own and figure out that you got it wrong.