Krugman is upset this week at a judicial ruling that held that the government’s case for naming MetLife a Systemically Important Financial Institution (SIFI) was inadequate and should be thrown out. Sure, it’s impossible to nail down what the criteria for a SIFI are, says Krugman, but so what? We take on the whole issue — not just MetLife, but the whole idea of extra regulation for so-called SIFIs.

Krugman Column

“Snoopy the Destroyer” (April 11, 2016)

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Contra Column

“MetLife Calls the Regulators’ Bluff,” by Peter J. Wallison

Related Link

Metlife Inc. vs. FSOC (PDF)

Books Mentioned

The Great Deformation: The Corruption of Capitalism in America, by David Stockman
Meltdown, by Tom Woods
Rollback, by Tom Woods

Event Mentioned

Mises Circle in Seattle, May 21, 2016

The Contra Cruise

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