Archive for July 5th, 2011

Bank Regulation Follies

The latest fad in bank regulation folly is to assert that much higher capital levels are the solution to the problem that was supposedly solved by Dodd-Frank. Amar Bhide provides a nice rejoinder to the fantasy that all we have to do is make banks hold more capital: Yet focusing mainly on how much banks […]

Deal Or No Deal On the Debt Ceiling?

This will be the first and last post I produce on the ongoing negotiations over the debt ceiling. That’s not to say that I might not have some thoughts on the eventual deal (there will be one) but the level of bloviation has reached levels that are beginning to annoy me. Case in point are […]