• Legislators from the House of Representatives and the Senate this week continued the erratic process of reconciling versions of bills passed by each chamber.

    ECONOMIST: The Volcker rule

  • That process can be erratic.

    WSJ: Will Power

  • Unlike the erratic democratic political process, there exists in markets a stable, welfare-maximizing equilibrium at which free-acting individuals also optimize social welfare while pursuing their own self-interests.

    FORBES: The Myriad Infirmities of Democracy

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