About - Tuesday 07 Sep, 2010
Banks, battles, and the psychology of overconfidence
The pace of economic decline appears to have slowed, but the labor market remains weak and, in response, the Federal Reserve is likely to maintain interest rates at "exceptionally low levels for extended periods,"
By Malcolm Gladwell in The New Yorker
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Must-read of the day - Thursday, 25 June 2009
Reform of regulation has to start by altering incentives
Regulatory reform cannot end with incentives. But it has to start from incentives. A business that is too big to fail cannot be run in the interests of shareholders, since it is no longer part of the market.
By Martin Wolf in the Financial Times
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