New Economic Perspectives

The Wall Street Journal’s Weird Embrace of Pseudo Science and the War on Real Science

The Wall Street Journal’s Weird Embrace of Pseudo Science and the War on Real Science

By William K. Black The Wall Street Journal published a self-revealing news article on Tennessee’s recently adopted law (modeled on a template created by the Discovery Institute – a Christian group whose ultimate goal is preventing the teaching of the … Continue reading

The Wall Street Journal’s Weird Embrace of Pseudo Science and the War on Real Science

The Silver Anniversary of the “Keating Five” Meeting – Citizens United’s Precursor

The Silver Anniversary of the “Keating Five” Meeting – Citizens United’s Precursor

By William K. Black April 9, 2012 is the twenty-fifth anniversary of the most infamous savings and loan fraud, Charles Keating’s, successful use of five U.S. Senators to escape sanction for a massive violation of the law.  The Senators were … Continue reading

The Silver Anniversary of the “Keating Five” Meeting – Citizens United’s Precursor

The Amazing Vanishing Act: Accounting Control Fraud Disappears from the Regulatory Lexicon

By William K. BlackCriminologists know that accounting control fraud causes greater financial losses than all other forms of property crime – combined.  Some of the world’s best economists, George Akerlof and Paul Romer, praised the S&L re…