This is hard going. It deals with the philosophy behind regulation and the policies against regulation. But it’s not that simple. Like all reality there is a mix of characteristics. If you want to improve your grasp of the intellectual background of the economic wars in our government, this is a good piece to read.
Will Wilkinson blames progressive financial reforms for the revolving door Peter Orszag recently went through. Oh no, not progressive financial reform. That's where I live! Our Peter Orszag problem: Mr Fallows hits the nail on the head, but what this structural injustice means, politically and ideologically, remains unclear. In my opinion, the seeming inevitability of Orszag-like migrations points to a potentially fatal tension within the progre … Read More
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