Quantitative Easing and Market Distortions
In yesterday’s post, I noted that members of the Federal Open Market Committee are starting to discuss the Fed’s latest quantitative easing, in particular the size and duration of a program that...
View ArticleRecommended Reading on Financial Regulation
The Mercatus Center at George Mason University has been doing a fine job of chronicling the details of financial services regulation following the 2008 crisis. See, in particular, the research of the...
View ArticleFinancial Services Regulation: The New Ability-to-Repay Rule
On January 10, 2013 the Consumer Financial Protection Bureau released new proposed rules related to mortgage lending standards. In effect, the agency will implement an “Ability to Repay Rule” to govern...
View ArticleVideo of Cato Book Forum on Madmen
We had a thoroughly good experience presenting the substance of Madmen at yesterday’s Cato Book Forum. For those of you who didn’t catch the live webcast, the video is now available. Follow the link...
View ArticleNordic Countries as Case Studies in Economic Reform
The lead article from the February 2, 2013 edition of the Economist highlights Nordic countries as a case study in economic reform. The four main Nordic countries — Sweden, Norway, Denmark, Finland —...
View ArticleThe Limits of Madmen in Authority
This Washington Post interview is a must-read on the power — and especially, the limitations — of the U.S. president. The interviewee, Professor George Edwards of Texas A&M University and Oxford...
View ArticleRichard Nixon as a Madman in Authority
This year marks the 100th anniversary of Richard Nixon’s birth, so it’s not surprising that the 37th President of the United States has been in the press. This post argues that Nixon is interesting and...
View ArticleRobert Samuelson on government spending: a public choice perspective
A recent Washington Post op-ed by Robert Samuelson argues that both Democrats and Republicans are hesitant to address some of the biggest problems affecting the federal budget. It’s a nice primer on...
View ArticleCase Study on Reform: The Transition to Market Economies in Central and...
Lajos Bokros, former Minister of Finance of Hungary and current Member of the European Parliament, has published an overview of the main elements of reform in post-Soviet states, Accidental Occidental:...
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Should Checks and Balances be Removed from the U.S. Constitution? Part 2 on...
NB: Part 1 of this series can be found here. The concluding chapter of Democracy in Chains is titled “Get Ready”. Here MacLean gathers all of her implications together and portrays the arc of influence...
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