How More Can Be Less With Safety Regulation

Safety regulation can have unintended consequences. Looking at antilock brakes, “too big to fail,” and Greek loans we see the Peltzman effect.

The Eurozone: A “Cypriout?”

First people were concerned about a Grexit and now it’s the Cypriout. A German euro, a Greek euro, indeed all euros are supposed to be the same money. Traveling across the eurozone, in any of the 17 countries with the…