Right now, I feel like that nation (hat-tip ChartPorn): scared of uninterrupted text. Which is why I have not done justice to Paul’s erudite and challenging essay about what ‘intelligent libertarians’ should demand of financial regulation. But I recommend reading it, particularly if you think you can work out what Hobbes, Schumpeter, and of course Pufendorf have to do with the collapse of Lehmans.
In the meantime, I am working on something else, which will have many many pictures in it. Admit it: you prefer them to a thousand words.
