…have to submit articles.” Off-label use of drugs is big business. According to The Wall Street Journal, “[FDA] is stepping into a high-stakes business issue, because off-label uses of prescription…

…Why “The Rule of Law” and an Independent Judiciary is important today. Joyce Vance Civil Discourse “People value the Rule of Law because it takes some of the edge off…

rdan No fat tail. Nor black swan. Nor once every 100 year occurrence. (Hat tip reader CMike) Forbes has Volcker’s complete remarks below the fold, lifted directly from Forbes and…

…of the regulations remain unfinished — the Volcker Rule became a litmus test for the overall strength of the law. … The five federal agencies writing the rule — the…

…know. The ED rule I use does not estimate “potential”, like the Taylor rule which depends on an estimate of potential GDP or potential unemployment (NAIRU). The ED rule I…

…unreasonable cases, but if it is reasonable that the off-label use of the drug might have caused the damage, then the encouraged off-label use would lead to an assumption of…

I first met Volcker when I was a junior international economist in Washington in the late 1960s. He was the Treasury Under Secretary for International Economics. I was going to…

…I can safely and for sure tell you that food labeling is approved by the USDA and or the FDA. A small change in a label or packaging such as…

…and rural communities disapprovingly. To protect these patients, CFPB issued a proposed rule in June 2024 seeking to ban medical debt from certain credit reports. If finalized, the rule would also stop…

…was argued, ad nauseum, that clear simple verifiable rules were key to successful monetary policy. That argument was repeatedly rejected by Volcker and Greenspan by their words and Volcker’s deeds….