Latest Articles

Geography and the Minimum Wage

Previously published on April 14, 2016 on Newgeography.com  Most commentary on California’s decision to increase the state minimum wage to $15 over time is either along the lines of it being a boon to minimum-wage […]

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Bank Capital Requirements

Large banks (think of Wells Fargo, Citicorp, JP Morgan and Bank of America) today hold equity capital roughly equal to about ten percent of total assets.  Inverting that ratio we get assets to equity of […]

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Change bankers’ incentives to get big

By Bill Watkins – Previously Published in the Pacific Coast Business Times In popular culture, there are “good” industries and “evil” industries. Oil has held the most hated position of the evil list for generations […]

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