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Daily Archive for October 1st, 2012

Fun Facts to Know and Tell: Frankenstein Edition

Posted in incentives, Politics on Oct 1st, 2012

How is the implementation of Dodd-Frank coming along? The July 2010 Davis Polk update–the two-year anniversary of the legislation–offers some additional detail: “The two years since Dodd-Frank’s passage have seen 848 pages of statutory text expand to 8,843 pages of regulations. Already at almost a 1:10 page ratio, this staggering number represents only 30% of […]

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Litmus Test

Posted in Institutions, Public Choice, You Can't Have it Both Ways on Oct 1st, 2012

A student of mine was upset about some actions of a corporation he learned about in a Law class here. His immediate conclusion to me was, “this is why we need socialism.” Now, I am almost sure that folks who say this don’t actually know what socialism is, nor are they prepared to discuss the […]

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