Scary News of the Day
From the Economist via Bloomberg, the most worrisome news I read today. The gist of the story: China’s banking regulator told lenders last month to conduct a new...
The Relative Value of Valor
The New York Times Magazine has a fantastic article about the puzzle of the paucity of valor awards–those medals given for high acts of courage. Only six Medals...
Religion in America?
America has long had a complex, almost schizophrenic attitude towards religion. As the popular narrative goes, the country was founded by those fleeing religious...
Jobs Bill, Cloture, Kabuki
So the Senate passed a jobs bill today by a vote of 70-28. In policy terms, this isn’t big news. The CBO estimates the bill will cost some $15 billion, a fortune...
Regulating an Industry Without Really Trying
Boring is Best in Financial Reform The most famous story of Wall Street is of an out-of-town visitor brought to Lower Manhattan and shown the dazzling boats...
Cities Without Limits
How long-term factors drive municipal economies In May 2008, the city of Vallejo, Calif. became the first urban victim of the global financial crisis when...
Not an Ex-Party
New Labour is still the defining movement of British politics “This our hope: not just to promise change but to achieve it. New Labour. New Britain.”...
All Politics is Congressional
Congressional campaigns hinge on local issues This year’s election season was a tough one for Republicans running for Congress. Throughout the summer,...
A Small Court in D.C.
How the D.C. Circuit Court shaped the war on terror We have assumed, as we must, that the allegations made in the Government’s charge against Hamdan are...

