The indirect benefits that effective financial markets can create by improving overall economic performance vastly exceed any direct benefits that the financial services sector produces through its revenue and employment. The primary goal of financial regulation should therefore be to bring about effective financial markets. But there is now no […]

Restaurant prices spiked 5.8{21df340e03e388cc75c411746d1a214f72c176b221768b7ada42b4d751988996} over the 12 months ending in November without seasonal adjustments, the Bureau of Labor Statistics said Friday. That’s the largest 12-month increase since the year ended January 1982. And unfortunately for those hoping to curb spending by turning to home cooking, grocery prices are also at […]