“It’s Time to Finalize the Robo-Signing Settlement” a new op-ed by yours truly on Forbes.com today. Let me emphasize that I think the practices of mortgage servicers were outrageous and they deserve to be punished for their practices. But I don’t think that implies the remedy of principal reduction or that the settlement should be held […]
Author Archive | Todd Zywicki
Ralph Rossum on Justice Thomas
Ralph Rossum has a new book coming out on the jurisprudence of Clarence Thomas. He previews his themes in an op-ed in the Orange County Register, “No Longer Doubting Thomas.” Update: Due to a brain freeze I originally mistyped the name of the article. It is corrected now.
Ayn Rand Comic Book
If you like Ayn Rand and want to introduce her to the kiddies, you might like John Blundell’s comic book about her life (I will just go ahead and supply the obligatory jokes by her detractors about how the term “comic book” is redundant). John’s first one was a comic book on Margaret Thatcher. I […]
Should We Have a Parliamentary System?
My colleague Frank Buckley thinks so.
Bill Introduced to Repeal the Durbin Amendment
Co-Sponsored by Reps. Jason Chaffetz (R-Utah) and Bill Owens (D-N.Y.). Text here. Not likely to go anywhere now, I assume.
The Myth of Systemically Risky Institutions
I had the pleasure of sitting next to my friend Peter Wallison at dinner last night and he reminded me of a great AEI Outlook he published last month on “The Error at the Heart of the Dodd-Frank Act.” The question he poses is brilliant for its simplicity and seems to be exactly the right […]
The Basic Law and Economics of The Durbin Amendment
After a couple of posts on the Durbin Amendment, it has become clear that not everyone has read and familiarized themselves with the Durbin Amendment. So if I may, allow me to lay out a few basic principles: 1. The Durbin Amendment Imposes Price Controls, Not Transparency: This is the key misunderstanding–by its terms, the […]
Barney Frank Criticizes the Durbin Amendment
I missed this quote from Barney Frank last week in response to BoA’s customers being Durbinized with new bank fees: The Massachusetts Democrat, who co-sponsored the Dodd-Frank financial reform bill, said he still supports opposing a decision by congressional lawmakers to include the fee crackdown in the legislation. “The banks will charge you more, and […]
Fed Soc Supreme Court Preview
Several notables, including my colleague Adam Mossoff, take a look at the upcoming Supreme Court term here. Available in video or audio.
“The Dick Durbin Bank Fees” on the Willis Report Tonight
I’ll be on “The Willis Report” tonight on Fox Business talking about “The Dick Durbin Bank Fees.” The show starts at 5and hit time should be about 5:15.
Quinnipiac Poll and Herman Cain
Not reporting results, but that for the first time ever I was actually called last night by the Qunnipiac Poll. What was interesting for me is that they asked me my views on three candidates interchangeably–Romney, Perry, and Cain. Cain is starting to remind me of Huckabee the last time around–you could tell that many […]
George Priest Blogging at Forbes.com
I just learned that law and economics legend George Priest has started blogging at Forbes.com.
Dean Dan Polsby on Free Speech at GMU Law
Dean Dan Polsby of GMU Law School sent an excellent message to the GMU Law community last week in response to the invitation by student groups of a controversial speaker. FIRE has the story, including the statement, here. It is a great statement and makes me proud to be part of GMU Law School.
With Tom Lucero on the Luke Shilts Radio Show Tonight
Tonight at 7:00 eastern I’ll be appearing with guest host Tom Lucero on the Luke Shilts Radio show on 1310 KFKA in Colorado talking about “The Dick Durbin Bank Fees.”
The Dick Durbin Bank Fees
In case you missed it, I had a column in Friday’s WSJ, “The Dick Durbin Bank Fees,” describing the unintended consequences of price controls on debit card interchange fees.