The Corner

Banks Aren’t Too Big

Andrew Redleaf and Rich Vigilante continue the debate about whether we should break up the big banks to avoid “too big to fail” bailouts. Contra Arnold Kling, they say our problem isn’t banks that are too big — it’s banks that are too opaque. Rather than breaking up the banks, we should open them up by forcing them to be totally transparent. Banks should be required to disclose all their holdings, all their assets, all their positions — down to the stock certificate number. With this kind of transparency, the free market will control bank failures, say Redleaf and Vigilante.

Most Popular

World

Why Trump’s Mideast Peace Deals Matter

After Israel’s resounding victory over the Egyptian, Jordanian, and Syrian armies in 1967, the Jewish state again offered the Arab world peace in exchange for recognition. And it was again rebuffed. Instead, the Arab League convened in Khartoum to formulate a consensus response that became known as “The 3 ... Read More
World

Why Trump’s Mideast Peace Deals Matter

After Israel’s resounding victory over the Egyptian, Jordanian, and Syrian armies in 1967, the Jewish state again offered the Arab world peace in exchange for recognition. And it was again rebuffed. Instead, the Arab League convened in Khartoum to formulate a consensus response that became known as “The 3 ... Read More

Battleground Arizona

At an August 11 Trump-campaign event in Mesa, Ariz., the state’s Republican governor, Doug Ducey, noted in his remarks introducing Mike Pence that President Trump and the vice president “have visited the state of Arizona more than any other presidential administration in the history of our country,” adding: ... Read More

Battleground Arizona

At an August 11 Trump-campaign event in Mesa, Ariz., the state’s Republican governor, Doug Ducey, noted in his remarks introducing Mike Pence that President Trump and the vice president “have visited the state of Arizona more than any other presidential administration in the history of our country,” adding: ... Read More
National Security & Defense

Jared Kushner Was Right

Over the past several years, a new certainty was added to death and taxes: Jared Kushner would fail in his role as the administration’s Middle East point man. It caused considerable merriment among President Donald Trump’s critics (and even some of his well-wishers) when he put his son-in-law in charge of ... Read More
National Security & Defense

Jared Kushner Was Right

Over the past several years, a new certainty was added to death and taxes: Jared Kushner would fail in his role as the administration’s Middle East point man. It caused considerable merriment among President Donald Trump’s critics (and even some of his well-wishers) when he put his son-in-law in charge of ... Read More

The Consequences of Biden

If you have decided that another four years of Donald Trump would be intolerable, and the prospect of four more years of the dysfunctional Trump circus in the White House fills you with dread, fine. But approach the prospects of a Joe Biden presidency with clear eyes and no illusions. Electing Biden would move ... Read More

The Consequences of Biden

If you have decided that another four years of Donald Trump would be intolerable, and the prospect of four more years of the dysfunctional Trump circus in the White House fills you with dread, fine. But approach the prospects of a Joe Biden presidency with clear eyes and no illusions. Electing Biden would move ... Read More