Freeman

IN BRIEF

Battle Over Financial Regulations Heats Up

APRIL 15, 2010

“The White House and congressional Republicans sparred Wednesday over how to protect taxpayers against ‘too big to fail’ financial institutions, sharply disagreeing on whether legislation backed by President Barack Obama would leave the government on the hook for bailing out firms whose failure might threaten the economy.” (Associated Press, Thursday)

The pretense of regulatory knowledge.

FEE Timely Classic
“Speculation and Risk” by Dwight R. Lee

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For centuries, hierarchical models dominated human organizations. Kings, warlords, and emperors could rally groups--but also oppress them. Non-hierarchical forms of organization, though, are increasingly defining our lives. It's no secret how this shift has benefited out social lives, including dating, and it's becoming more commonplace even in the corporate world. But it has also now come even to organizations bent on domination rather than human flourishing, as the Islamic State shows. If even destructive groups rely on this form of entrepreneurial organization, then hierarchy's time could truly be coming to an end.
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