Category Archives: Regulations and regulators

Costing the Country: Britain’s Finance Curse

More discussion of the downside of having too much finance.

DOJ Sues to Overturn California Net Neutrality Law

Trump’s DoJ yesterday filed a lawsuit to overturn California’s net neutrality law, signed by Governor Jerry Brown earlier during the day.

The Fracking Industry’s Water Nightmare: Injection Wells Damage Production Wells, Rising Disposal Costs Will Increase Industry Losses

The fracking industry’s wastewater disposal is an unrecognized production and economic problem that is going from bad to worse.

SEC Sues Elon Musk for Fraud, Seek to Bar Him Permanently from Executive, Board Role in a Public Company

Elon Musk put himself in the SEC’s crosshairs.

Why Dodd-Frank Is a Protection Racket for Banks

How Dodd-Frank left banks’ massive lending and safety-net subsidies intact.

Hard-Brexit Lobbyists Demand UK Roll-Back Environmental Standards to Strike Free Trade Deals with India, China and US

Another ugly but far-from-secret element of what was in store with a Glorious Brexit.

SEC Enforcement Wanes on Trump’s Watch

SEC co-director of enforcement Stephanie Avakian delivered a speech in Dallas last week defending the agency’s enforcement record, as the number of cases brought and amount of fines collected both continue to drop.

The Spider’s Web: Britain’s Second Empire

How Britain’s system of offshore finance and tax havens developed and preserved the UK’s role as the largest player in international finance.

Post Crisis Measures Have Failed to Tame Derivatives Risks

Derivatives remain an untamed systemic risk.

Senators Unveil Legislation To Protect Patients Against Surprise Medical Bills

Medical bills are so out of hand that despite the power of the health industry lobbyists, some Senators are taking on the worst abuses.

Michael Hudson: The Lehman 10th Anniversary Spin as a Teachable Moment

Why you should take conventional wisdom about the Lehman collapse and the crisis with a fistful of salt.

Double Whammy: Implicit Subsidies and the Great Financial Crisis

Follow the subsidies, and you will understand why we had the crisis and why not enough has been done to prevent a recurrence.

Jumping the Abyss: Marriner S. Eccles and the New Deal, 1933-1940

An in-depth look at Marriner Eccles’ ideas and policies, and how well they have withstood the test of time.

Brexit: Circling the Drain?

Has anything changed on the Brexit front?

Revolving Doors and Regulatory Capture

Looking at the costs of and some possible responses to regulatory capture.