Political power and transparency
In politics, true power is shown by the ability to steer the conversation to what you want to talk about and away... Read More
Minneapolis Fed makes case for repealing Dodd-Frank Act
I am sure it was inadvertent, but the Minneapolis Fed made a compelling case for repealing most of the Dodd-Frank Act. Please... Read More
The Minneapolis Plan versus transparency
It was clearly unintentional, but the Minneapolis Fed showed why transparency is the preferred solution for ending Too Big to Fail and... Read More
Donald Trump and the race to the bottom in financial regulation
Since his election as the US president, Donald Trump’s transition team has announced its intention to rollback many elements of the Dodd-Frank... Read More
Donald Trump, the SEC and Transparency
After his election victory, the question is: “Will Donald Trump champion restoring transparency in the global financial system?” In my opinion, the... Read More
Yes, Wall Street turns good people bad
In her excellent review of Maureen O’Hara’s new book, Gillian White shows why restoring transparency and the Transparency Label Initiative are so... Read More
Matt Levine makes the case for banks providing transparency
In his Bloomberg View Money Stuff column, Matt Levine looks at Deutsche Bank’s choice to raise capital by selling shares to employees... Read More
Is there anything as misunderstood in Economics as transparency?
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The following is an excerpt from Transparency Games highlighting just how misunderstood transparency is by the Economics profession: Recall that, including myself, there... Read More
Debunking claim in financial markets opacity is beneficial
Today the latest recipients of the Nobel prize in Economics were announced. One winner, Bengt Holmstrom, wrote a January 2015 working paper for... Read More
Deutsche Bank is Exhibit A in why transparency needed
Last week, the US Department of Justice announced plans to fine Deutsche Bank $14 billion for its role in creating and selling... Read More
Central banks call for help
Since the beginning of the Federal Reserve’s annual Jackson Hole get together, the message has been monetary policy has done all it... Read More
Lending Club shows benefits of transparency
In an in-depth article on Lending Club, Bloomberg reporters highlight two of the major benefits of transparency. Lending Club is in the peer-to-peer... Read More
Confusing transparency with a risky investment
Periodically, a reporter will try to highlight why a security is a risky investment and will undermine their analysis by suggesting transparency is... Read More
The Information Matrix
As I was reading a Bloomberg column by Noah Smith, I was reminded of the simple fact the economics profession doesn’t fully... Read More
Fed goes all in on fantasy of “safe” assets
Periodically I read a speech by a Fed Governor that reveals how the economists at the Federal Reserve have absolutely no idea... Read More