Monthly Archives: September 2010

Regulation’s Razor’s Edge


Whether it is Basel 3 or the Dodd-Frank bill – or the projected increased share of government in the economy, we need to understand the impact of regulation. The following is a summary of my remarks to a Finance Symposium … Continue reading

Recession Calculus?


  It doesn’t feel like the recession is over. The Business Cycle Dating Committee of the NBER announced on September 20, 2010 that the recession officially ended in June 2009. The Committee looked at a number of indicators. This is … Continue reading