Daily Archives: Friday, November 14th, 2008

Regulation is offered up as a means to prevent a repeat of the present financial situation. From what I have been learning of the instruments of destruction, however, it seems that — aside from the simple fraud of selling things … Continue reading →

Over the past month or so I’ve noticed more frequent mention of the cost of failure: what will happen if we don’t do this to save that. Explicit, or more often implicit, in these discussions is that it is right … Continue reading →