The Control Revolution And Its Discontents - "the long process of algorithmisation over the last 150 years has also, wherever possible, replaced implicit rules/contracts and principal-agent relationships with explicit processes and rules."
posted by kliuless on Feb 23, 2012 - 25 comments

The Destruction of Economic Facts - "Renowned Peruvian economist Hernando de Soto argues that the financial crisis wasn't just about finance—it was about a staggering lack of knowledge" (via) [more inside]
posted by kliuless on May 23, 2011 - 35 comments

With the climate bill dead and blame portioned, Ezra Klein asks what happens when congress fails? He concludes that "regulations to reduce carbon emissions are alive and well. The Environmental Protection Agency can attack carbon as a pollutant, and the Obama administration's announcement that efforts to hamstring the EPA will be vetoed suggests that they mean to do exactly that." [more inside]
posted by kliuless on Jul 30, 2010 - 18 comments

How Did Economists Get It So Wrong? - The Great Recession was the result not only of lax regulation in Washington and reckless risk-taking on Wall Street but also of faulty theorizing in academia. Can economists learn from their mistakes? (via mr & ev) [more inside]
posted by kliuless on Sep 3, 2009 - 50 comments

Limited Purpose Banking -- for lending, investing, etc. -- Turn all financial firms into mutual funds: "All mutual funds would break the buck with one exception: cash mutual funds. These funds would strictly hold cash and be valued at $1 per share. Owners of these funds would write checks against their balances and never have to worry about a bank run. Fractional reserve banking and the FDIC would be history." [previously] [more inside]
posted by kliuless on May 3, 2009 - 15 comments

The Next Attack. "Terrorists in Iraq are becoming proficient at blowing up oil refineries. Similar plants in a handful of American cities represent our greatest vulnerability. We could easily be making them less dangerous. But we’re not." And one of the key players in keeping things that way happens to be Dick Cheney’s son-in-law.
posted by homunculus on Mar 1, 2007 - 38 comments

Author Caleb Carr argues in favor of government regulation of the Internet. He suggests that if we don't have government making the rules, the corporations will make them instead. (Yeah, it's a Salon link. You got a problem with that? Keep it to yourself.)
posted by jjg on Jan 10, 2001 - 21 comments

"It cannot be every man, woman and child out for themselves in the wild, wild west" :HP's Fiorina Backs Net Regulation Once again a behemoth corporation and the Federal Government must implement regulations because the flock is way too stupid to think for themselves.
posted by chiXy on Aug 24, 2000 - 4 comments