In case you had forgotten
SOX [Sarbanes-Oxley] was sold as the way to prevent future market bubbles and crashes.
That’s Larry Ribstein reminding us. And here is Arnold Kling reminding us:
A Central Banker should stand up to fear-mongering. Even when it comes from a Treasury Secretary.
And here is Robin Hanson reminding us of his favorite lessons:
Medicine isn’t about Health
Consulting isn’t about Advice
School isn’t about Learning
Research isn’t about Progress
Politics isn’t about Policy