In Part I, I discussed an internal Clinton-era memo in which US Treasury department officials considered the consequences of paying off our national debt, by
There’s comedy, there’s high comedy, and then there’s Wall Street Journal Op-Eds. Phil Purcell writes this morning about the opportunity to cure “Too Big To
Back in College, in social science classes, we learned never to rely on cultural explanations. Professors excised culturally deterministic phrases from our analysis: “The Spanish
In one obvious respect, The Big Short follows Michael Lewis’s winning formula for a blockbuster book on sports or finance: character sketches so compelling, funny,
The Senate Banking Committee long-ago proved itself to be not a truth-seeking body, but more of a combination woodshed and green room, in which distinguished
One last rant, and then I’ll rest a while on MF Global and Jon Corzine.[1] Yesterday’s news[2] pointed out the regulators’ problem that only Corzine,
The Financial Rules for New College Graduates: Invest Before Paying Off Debt--And Other Tips Your Professors Didn't Teach You
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