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