Paul Kedrosky is the editor of the business blog Infectious Greed. He's a senior fellow at the Kauffman Foundation, where he is focused on entrepreneurship, innovation, and the future of risk capital. He is also a strategist with Ten Asset Management, a Southern California institutional-money-management firm.

The White House hard line is just what the auto industry (and the market) needs. How did Republicans become the party of coddling underperforming CEOs?

Every time the president or his administration makes a major economic announcement, the Dow takes a dive. But are they actually related? Let’s go deep inside the numbers.

The former Fed chief's plug for nationalizing banks is vertigo-inducing. It's also a conflict of interest—and a sign of just how far he has fallen.

Starbucks CEO Howard Schultz has joined the ranks of Apple’s Steve Jobs and Google’s Larry Page by giving up his massive salary. The Daily Beast’s Paul Kedrosky on why it’s a goofy stunt destined to annoy employees and investors.