Spot the Logical Fallacies, Phil Gramm Edition
Be Smart When You Compare Reagan’s Economy to Obama’s Some partisans act as if we can run a controlled experiment to see...
Airline Deregulation #Fail
We have all been suitably horrified by the #United Airlines video of the customer who was knocked unconscious and had his teeth broken....
Markets as Machines vs. Markets as Gardens
The idea of “Markets as Machines” is outdated and belied by actual events. “Markets as Gardens” is a more...
Why regulators should focus on bankers’ incentives
Why regulators should focus on bankers’ incentives Charles Goodhart Bank Underground 05 APRIL 2017 Last autumn, Charles...
New Glass Steagall: Repeal & Replace for Dodd-Frank ?
One of the great misunderstandings about the financial crisis is the role that repealing the Glass-Steagall Act played. This is newly...
Subprime Credit vs New Construction
Interesting look at the two economic elements by county: 2016 Q4 Equifax Subprime Credit Population by County (percent) ...
Inverted Priorities Imperil Trump Tax Agenda
Let’s begin by stating the obvious: My priorities are different than yours or Paul Ryan’s or the president’s. We all have a...
The Fiduciary Rule Genie is Already Out of the Bottle
It’s too late for Trump to stop this financial rule Washington Post, February 6, 2017 Rules and regulations exist to let us know what...
It’s Too Late to Stop the Fiduciary Rule
My Sunday Washington Post Business Section column is out. This morning, we look at whether the upcoming changes to...