UPDATE: CROP Walk web donations are closed but you can designate gifts (or make general donations) via the DonateNow or JustGive buttons on the RUMC home page.
I’ve been the strongest possible advocate for global free trade ever since my Soviet Economic Institutions professor diverged from the syllabus to draw Ricardo’s theory on the board and prove unequivocally and concisely that it makes everyone better off. I…
Some choices are better made economically, with individuals able to decide for themselves how to maximize their own utility by allocating their own resources as they see fit. Other choices are better made politically, with groups deciding how to allocate their…
Updated: 8:30 a.m., Tuesday, Dec. 15
Updates:
The House approved S. 303 by voice vote on Monday, Dec. 14. The bill text and…
Economic Contractions in the United States: A Failure of Government
In addition to improving asset-backed securities disclosure (using XBRL perhaps?), SEC Chairman Mary Schapiro called for substantive ABS regulation in a speech Tuesday to SIFMA, the parent organization…
Institutional Risk Analyst co-founder Chris Whalen writes in the new edition of his newsletter:
Until we break the Alliance of Convenience between the Congress, the Fed and the large, TBTF (too big to…
True or false?
NIEM is to XBRL as United States customary units are to the Metric System.
[T]here seems to be a big choice here about how assertive the Federal government; the government in general, but we’re talking here about the Federal government; should be in setting the rules of the road for information exchange. Can you characterize this…
Update: CBO has published its cost estimate for H.R. 2392.
Bipartisan legislation to make XBRL the standard for disclosure to the U.S. government has been approved in committee and…
