Thursday Links

Posted by Chris Moody

• A Financial Super-Regulator: The dangers of giving the Fed too much power.

• The financial regulators’ pipe dream: “Most new regulation will do nothing to limit crises because markets will innovate around it. Worse, some regulation being considered by Congress will guarantee bigger and more frequent crises.”

• The shape of things to come? More war will come before peace in the Middle East, says journalist and foreign affairs analyst Leon Hadar.

• The illegal cigarette trade in Ireland reaches “epidemic proportions“  after the government imposes draconian regulations on tobacco products.

• Podcast: “Too Big to Fail Is Just Too Big“