A Well Regulated Militia?

The Guardian and the New York Times have come out with excellent graphics looking at existing gun regulations by state and at the proposed federal gun regulations. Both raise the interesting question of how to regulate well. Continue reading →

Why the Credit Rating Agencies Failed

The credit market crisis was a communal and colossal failure to evaluate risk. The entire system rested on just a few bad assumptions, many of which were made by the credit rating agencies. Here’s how they went wrong, and how we should have fixed them. Continue reading →