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Is the House Trying to Encourage Criminal Activity?

…spending bill that would slash funding for the regulatory agency responsible for policing against excessive speculation and price manipulation in oil markets. This rather understates the CFTC’s purvey. As their…

Price Discovery (First of a Series)

…there is a significant disconnect between the alignments of the financial markets and those of “main street.” But let’s pretend it works for the normal “markets” model. ****Highly unlikely, for…

The Land Grabbers — the review

…well-run, sustainable farming operations that produce profits for the farmer, good jobs for locals, and quality food for markets. Anyway, here are my notes on the 300pp+ book, which has…

Guest Post: Rationality of Banks

…has become public knowledge. Remember when we were taught that economics was about rational markets. Milton Friedman, patron saint of Republican economists, used to say on TV that everything is…