Regulation should not prevent innovation, rather it should ensure that innovations are sufficiently transparent and understandable to allow consumer choice to drive good market outcomes. We should be wary of complexity whose principal effect is to make the product or service more difficult to understand by its intended audience.
Chairman Ben Bernanke: Financial Innovation and Consumer Protection
My piece on bank reform will have to delay until Monday evening. I am still working on it. Tonight’s piece is on entitlements and pensions globally and locally. I ... [Link]
Chers lecteurs, mon temps et mon énergie sont comptés et j'ai envie de parler de trois sujets, mais ne peut dans l'immédiat en traiter qu'un. Quelles sont vos préférences? J'hésite ... [Link]
Critical thinking helps in any field. I have the pleasure of participating in a discussion list that explores many issues where critical thinking is a focus. The members have a ... [Link]
M is for Managing Director:Crafty, elusiveKowtows to clients; but to juniors abusiveSleek and well-groomed, heSwans about like a divaSteal clients or credit?He attacks with a cleaverPompous, self-loathingHis wife and kids ... [Link]
You’ve got to hand it to President Barack Obama’s expected Fed picks - they have some strong consumer credentials. Peter A Diamond co-wrote a book with Peter Orszag, now OMB ... [Link]
contact
jck [at]
aleablog [dot] com
© 2010 Alea | Powered by Wordpress
April 18th, 2009 at 9:53 pm
Is he talking about the PPIP or what?