Blog Review 575


This is one way of looking at it: that the banks themselves are issuing new shares means that they think they are over-valued.

On bank and financial market regulation: should it be rules based or principles based?

Praise for the design of the credit market bail out.

How regulation has been effected. For example, marijuana wasn't made illegal in the US: you just had to have a licence and they wouldn't issue any licences.

Comparing the costs of locking up people from an area with the costs of policing an area to prevent the crime and thus the need to lock people up.

That decline in Russian oil production might not be peak oil you know?

And finally, imaginary animals, kosher or not? plus winning a caption competition.