Clik here to view.
Crony Capitalism, Subprime Mortgages and The Financial Meltdown
The picture is a photo of the Willard Hotel lobby in Washington DC. Fabulous hotel with a tremendous staff. If you go to DC and can afford it, stay here. Right next door to the US Treasury, and just...
View ArticleClik here to view.
Regulation and Business Uncertainty
If you have been reading or listening to the media you certainly have heard that there is a climate of “uncertainty” in the US. Businesses are unwilling to invest the party line goes, because they are...
View ArticleClik here to view.
How Regulation Costs You Big Money
There is a classic question asked in almost every microeconomics class at the University of Chicago. Diamonds or water? You aren’t supposed to be able to answer it. The question is designed to get you...
View ArticleClik here to view.
The Chosen Road To Nowhere
George Stigler (Photo credit: Wikipedia) Whenever a business feels like it has to hire a lobbyist to work with the government, it’s doomed. At all costs, it should try and ignore the government and...
View ArticleClik here to view.
Bitcoin Exchanges-Do We Need One? Or Do We Need Government?
Andrew Moran has written a piece on the need for an American Bitcoin exchange. Chamath Palihapitiya tweeted that they have funded one, but it’s under wraps. I have seen another, Vaurum. My guess is...
View ArticleClik here to view.
Using Algebra For Politics and Policy
As I was perusing the internet, I caught Brad Feld’s post about New vs Old. He says, The confusion – and conflict – in our society around this is just beginning. The mess in DC is just a starting...
View ArticleClik here to view.
The Malignant Threat
Malignancy is traditionally used when describing various forms and stages of cancer. I was cruising some blogs and stopped at ChicagoBoyz. This blogpost caught my eye. I am reposting the quote...
View ArticleClik here to view.
To Understand Crony Capitalism, Understand George Stigler
“as a rule, regulation is acquired by the industry and is designed and operated primarily for its benefit.”-George Stigler There is a bit of surprise at how the Federal Reserve regulators treated...
View Article
