How might the current financial crisis shape financial sector regulation and structure?

I’m not certain why, but I was earlier reminded of a recent statement illustrating the rate at which Financial Services, as a component of US GDP, had grown dramatically in the post-Cold War period. I was startled by the figures I’d heard, but only this evening took it upon myself to actually research the claim.Continue reading “How might the current financial crisis shape financial sector regulation and structure?”

How did CA get into this mess?

Overlook the fact that it was published in The New Yorker. If you’ve ever wanted a “Why California-is-so-F%$#ed-Up for Beginners” look no further than The States We’re In. It seems that this issue stopped getting any attention once the temporary budget was passed. It’s a shame, because this problem is going to keep cropping up.Continue reading “How did CA get into this mess?”