Against Ironic Detachment
I’m going to say something that will make many of you deeply uncomfortable: our culture has confused ironic detachment with intelligence. We’ve mistaken cynicism for sophistication, distance for d...
Fed Votes to Advance Proposal to Ease Banks’ Capital Requirements
The Federal Reserve reportedly voted Wednesday (June 25) to advance a proposal that would ease the “enhanced supplementary leverage ratio” that determines the amount of capital banks must hold aga...