The many recent calls for further regulation of financial markets and institutions in the United States are but one manifestation of the left's infatuation with the idea that humans and their society are perfectible if only enough rules and regulations...
The Federal Reserve has announced a policy that, not too many years ago, would have been widely denounced as a tyrannical usurpation of power. The Fed is in the process of drawing up “guidelines” to set limits on the amount of compensation...