Future of Finance · Europe to Investors: “This Time We Really Mean It.” All eyes are trained on Europe these days. While I look on, I can’t help but yearn for the day…
Future of Finance · Wealth, Illth, and Net Welfare Wellbeing should be counted in net terms — that is to say we should consider not only the accumulated stock…
Future of Finance · The Wisdom of Melville “If your banker breaks, you snap.” – Herman Melville, Moby Dick During the summer between the day I resigned from…
Future of Finance · The Joint Chiefs of Staff and OWS… Who Knew? Last week, I had the privilege of meeting Colonel Mark (“Puck”) Mykleby, recently retired from the US Marine Corps. Puck…
Efficiency · Financial Collapse: It’s Only Natural What does the collapse of MF Global, the Euro crisis, the sub-prime mortgage crisis, the collapse of Fannie Mae and…
Financial Reform · A Tax for the Supercommittee to Embrace Last Friday, I participated in a Special Briefing on Capitol Hill in support of the Financial Transactions Tax (FTT). I…
Future of Finance · Listening to Occupy Wall Street I’m a former banker, a one-percenter, and I’m mad as hell too. Let’s be clear. This movement is not frustration…
Future of Finance · Taming the Casino Bloomberg View has joined its Wall Street customers in coming out against the Financial Transactions Tax proposed by Germany and France,…
Future of Finance · Why We Need an Independent Infrastructure Bank Banking used to be a profession, not just a business. That profession is vital to the real economy, and essential…
Future of Finance · This Labor Day: Can CEOs Lead? Jobs. Depending on how you count, the challenge is 7 to 10 million net new jobs in the United States…
Carbon · Freedom Forty eight years ago this Sunday, the Rev. Dr. Martin Luther King Jr. began his famous “I have a Dream”…
Efficiency · Why We Need a Financial Transactions Tax Speculators may do no harm as bubbles on a steady stream of enterprise. But the situation is serious when enterprise…
Future of Finance · Only One Notch S&P? I recall when JPMorgan lost its AAA rating. Those of us working there a long time felt the gloom of…
Financial Reform · Debt Limit Nonsense The debt limit negotiations are 99% political and 1% economic, so I have little directly to say about them. But…
Future of Finance · Hell Hath No Limits Somehow I missed the release of a new collection of essays by Wendell Berry in 2010, What Matters: Economics for a…