Category Archives: Regulations and regulators

Capturing Carbon With Machines Is a Failure—So Why Are We Subsidizing It?

licymakers are funding techno-fixes like carbon capture, when studies indicate nature-based solutions are all-around more effective.

Are US Prescription Drug Prices 10 Times Those of Other Nations? Only Sometimes

Misleading fact checking as a way to denigrate figures who regularly challenge the mainstream, here Bernie Sanders.

The Extraordinary Generosity of Central Banks Towards Banks: Some Reflexions on Its Origin

Central banks provide even more gimmies to banks than you likely realized.

Eurobanks and London Firms Insist Very Bad Things Will Happened if Euro Derivatives Clearing Moves to Continent

anks and loser clearinghouses are complaining about a (long) planned derivatives relocation to Europe. But is this mainly special pleading?

“Crypto Is a Fraud on the Public”: Financial Watchdog Explains Ties Between Crypto and the Banking Crisis

Dennis Kelleher of Better Markets explains why crypto is the last place anybody should be running to for safety.

PBMs, the Brokers Who Control Drug Prices, Finally Get Washington’s Attention

Why it isn’t easy to slip the leash of PBMs.

Financial Instability in 2022-2023: Causes, Risks, and Responses

Authorities acted promptly and decisively, and each crisis required a unique solution, especially the larger crises

4 US Banks Crash in 2 Months: Banking Crisis Explained by Economist Michael Hudson

US banks keep falling over but the Fed is curiously indifferent.

Peanut Butter Is a Liquid

The matter of what is a liquid has made the news…..

Is There Motive Behind the Fed Making Such a Mess of the US Bank Wobbles?

The Fed seems awfully indifferent to the (so far) low level bank crisis it has created.

Big Banks Must Become Globally Resolvable – or Significantly ‘Smaller’

Sadly, coming up with a way to resolve big international banks is a non-starter. The answer is very strict regulation. But that would be work.