Robert Mundell On Why The Market Is Feminine

Robert Mundell┬áreceived the Nobel Prize in Economics in 1999 for his work in “monetary dynamics and optimum currency areas.” (He is currently professor of economics at Columbia University.) For as long as I can remember, I’ve owned a copy of his little primer, Man and Economics (McGraw-Hill, 1968; another edition bears the subtitle The ScienceContinue reading “Robert Mundell On Why The Market Is Feminine”

How Low Can You Go? The Market for Regulatory Fees

The close, unholy, and corrupt relationship between Wall Street and Capitol Hill isn’t really news any more. And so inured have our sensibilities become to the giant, rigged con-game that is today’s financial-political system, that exposure to yet another one of its details fails to induce any suitably condemnatory reaction. Still, that said, when aContinue reading “How Low Can You Go? The Market for Regulatory Fees”