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    Commentary, Economics / bank reform, bank regulation, banking, deregulation, Glass-Steagall, JP Morgan Chase, McFadden Act, regulation /

    Break Up The Banks. Please.

    July 9, 2012

    How do I say this delicately? The banking system, and in particular the biggest banks, were central players in the development of the crisis; they then played a major role in spreading contagion around the world; they then collapsed due to mismanagement, poor regulation, and endemic greed; this required that they be propped up beyond […]

    Commentary /

    Higgs Boson: Bad For Economics?

    July 6, 2012

    Quick question: will the discovery of the Higgs Boson, announced this week, end up being bad for economics? Think about it. Economics has suffered enough at the hands of mathematical adepts who praise elegance over reality and prefer the idealism of their models to the down and dirty stuff of actual economies. Not that math […]

    Commentary, Politics /

    US Politics: Posner Speaks

    July 6, 2012

    It is a rare day in paradise that I agree with Richard Posner. He is a conservative judge appointed by Ronald Reagan and has built a reputation as a leading and articulate advocate of conservative ideological positions. His early advocacy of free market economics and deregulation earned him a spot teaching at the University of […]

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