Silicon Valley Bank and the Regulators
One question that has come up is whether this was a failure of regulation. Stanford Prof. John Cochrane is a proponent of this idea. I don’t find his arguments persuasive. Continue Reading →
Category Archives: Economic policy
Silicon Valley Bank
On March 10, Silicon Valley Bank was closed by the FDIC. The main cause was an incompetent management team that wasn’t interested in banking. Continue Reading →
Biden Administration Trying to Force ESG Rules on Fiduciaries
Biden wants to force ESG rules on fiduciaries. If markets are efficient, portfolios that maximize returns must outperform all others, Continue Reading →
Baby Formula Shortage
There is a baby formula shortage in the U.S. today. Relaxing U.S. restrictions on imports would help. Congress is incapable of doing that. Continue Reading →
Repeal the Jones Act
Puerto Rick is a hurricane magnet. After the last one, power was out for 928,000 residents. The island has many diesel power generators. A tanker full of diesel was moored off the coast. But it wasn’t allowed to dock. Why? The Jones Act. Continue Reading →
Banning Gas Kitchen Stoves
Some bureaucrats in the Consumer Product Safety Commission have floated a proposal to ban the sale of gas kitchen stoves. Continue Reading →
Rep. Dan Bishop (R-NC) Dissects the Omnibus Spending Bill
Rep. Dan Bishop dissected the “omnibus” spending bill. He highlights the worst travesties. $3.6 million for the Michelle Obama Trail? Continue Reading →
Chip Roy Details Waste in the Continuing Resolution
Rep. Chip Roy (R-TX) has a long list of waste in the continuing budget resolution to keep the government open. Read it and weep. Continue Reading →
Riley Moore Reveals the Truth About ESG Funds.
The truth about ESG funds: fund managers are raking it in on all this stuff. And some funds may not live up to their own standards. Continue Reading →
The Poor People Pay Rich People’s Loans Boondoggle
Others call it student loan forgiveness. I’m with Karol Markowicz: it’s the poor people pay rich people’s loans boondoggle. Continue Reading →