…by the Securities and Exchange Commission; and, “private” enforcement through securities class action lawsuits. Regulatory Failures Enhance Importance of Class Actions A recent story by the New York Times’ Gretchen…

…ACA was constitutional. One of the other bloggers there—probably Barnett, but I don’t recall—disputed that. Anyway, in his May 11 post, Barnett recounted an exchange between acting Solicitor General Neal…

…cash (actual dollar or euro bills). Why should we encourage cash in mattresses? TBD. My friend Steve tentatively suggested “anything that’s traded on an exchange,” which seems like a good…

…across exchange rate regimes). The German standard of living (i.e., relative per-capita GDP) fairs well against a cross-section of developed economies in Europe and abroad. Average income (standard of living)…

…still near 6% below its Q1 2008 level. And finally, Exhibit 3: The poster child for fiscal austerity, the UK. Why? Because they’re nominal exchange rate depreciated quite markedly, allowing…

…that the ECB is very keen to drive up the euro’s exchange rate against the dollar to reduce the commodity price shocks, and to reduce the overheating in the export…

…prices should be allowed to trend upward – the German real exchange rate is too low. If Spain, Italy, Portugal, or Ireland are to have any chance at all for…

…but clearly stopped bothering to, say, handle transfer of a mortgage in a way that the entity which paid them could foreclose when the time came. Banks charge to exchange…

…an online copy of an article on the rhetoric of Polish accounting he had cited many years ago, Sandwichman stumbled upon an old email list exchange from thirteen years ago…

…colleage Mike McIntyre has written about the inadequacies of information exchange provisions when the government doesn’t already know considerable particular information about tax evasion in progress. See McIntyre, How to…