There ought to be a law

Have you ever watched a major league infielder boot a routine ground ball and thought: “For the amount of money he’s being paid, he shouldn’t make that kind of rookie mistake”?  As a fan, it is frustrating. That is how we should all feel about the crises that have rocked the financial world during the … Read more

Don’t Be a Regulatory Neigh-Sayer

Europe has again been rocked by a crisis. The problem was first diagnosed in Ireland in January, but it very soon became clear that its tentacles extend to Britain, France, the Netherlands, Luxembourg, Sweden, Romania, and Cyprus. What is this latest catastrophe?  Why, the great European horsemeat scandal of 2013, of course. News of the … Read more