regulation

By William K. Black (cross-posted from Benzinga.com) “Regulating” and “deregulating” are terms that often mislead. My next three columns discuss how to regulate two diverse activities that are critical to our economy – residential…

The Dodd-Frank Act is supposed to reform the way Wall Street works. It is supposed to correct abuses that led the world to the brink of disaster. After passage the intricate details to be implemented required the formation numerous study…

From today's Breakfast with Dave research note at Gluskin Sheff (highlighting added): An energy policy that truly removes U.S. dependence on foreign oil (shale case, coal, nuclear). A complete rewrite of the tax code that promotes…

By William K. Black President Obama's Executive Order on regulatory review was originally set in motion by his February 3, 2009 direction to OMB to create an improved regulatory review process. The fundamental principles and structures…

While today is a national holiday in the United States, in remembrance of Dr. Martin Luther King Jr., it is also the 50th anniversary of former US President Dwight D. Eisenhower's famous farewell presidential address. Ike's speech warned…

By Win Thin It’s all about monetary tightening in EM today. PBOC hiked reserve requirements another 50 bp today, effective January 20, and has hiked a total here of 350 bp since starting in January 2010. This comes after the Christmas…

By Michael Pettis This year to everyone’s surprise the PBoC failed to announce 2011’s lending quota. Instead it announced a series of new polices aimed at monitoring the banks. According to an article in Thursday’s People’s Daily: The…

By L. Randall Wray The following is a paper given at the ASSA conference in Denver this past week for a panel organized by James Galbraith, titled Pressures on the Paradigm, sponsored by Economists for Peace & Security. The Queen…

The role of the criminal justice system with regard to financial fraud by elite bankers in 2011 is likely to reprise its role last decade — de facto decriminalization. The Galleon investigation of insider trading at hedge funds will take…

by William K. Black Marty Robins' December 15, 2010, column "Blow the Whistle on Pointless Whistleblowing" in The Huffington Post opposed the SEC implementing the Dodd-Franks Act's provision that the SEC should develop a system…