William K. Black

William K. Black, J.D., Ph.D. is Associate Professor of Law and Economics at the University of Missouri-Kansas City. He is also the author of the book "The Best Way to Rob a Bank is to Own One."

Articles by this author

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Monday, December 10, 2012 - 9:00am
Why Is the Failed Monti a 'Technocrat' and the Successful Correa a 'Left-Leaning Economist'?
The New York Times produces profiles of national leaders like Italy’s Mario Monti and Ecuador’s Rafael Correa . I invite readers to contrast the worshipful treatment accorded Monti with the Correa profile. The next time someone tells you the NYT is a “leftist” paper you can show them how far right it is on financial issues.
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Wednesday, November 14, 2012 - 7:53am
Wall Street Uses "Liberal" Front Group to Lead Its Assault on Social Security
Third Way, lobbyists for and from Wall Street who are leading the effort to enrich Wall Street by privatizing Social Security, was created by Wall Street to fool some of the people all of the time.
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Tuesday, October 30, 2012 - 3:05pm
The Great Betrayal – and the Cynicism of Calling it a Grand Bargain
Robert Kuttner has written much of the column I intended to write on this subject, so I will point you to his excellent column and add a few thoughts.
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Tuesday, June 12, 2012 - 1:03pm
The JOBS Act and Green Slime
We learned recently about the secret adulteration of our hamburgers with “pink slime.” Agribusiness companies created pink slime from ultra-fatty beef tissue that was more likely to harbor salmonella and e coli . They processed it with ammonia (Mr. Clean) in a partially successful effort to reduce the risk of infecting the consumer. Pink slime, unbeknownst to the public, comprised up to 15% of our hamburgers.
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Saturday, May 26, 2012 - 8:19am
Doh! Romney Messes Up, Tells the Truth About Austerity
Mitt Romney has periodic breakdowns when asked questions about the economy because he sometimes forgets the need to lie. He forgets that he is supposed to treat austerity as the epitome of economic wisdom. When he responds quickly to questions about austerity he slips into default mode and speaks the truth -- adopting austerity during the recovery from a Great Recession would (as in Europe) throw the nation back into recession or depression.
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Sunday, April 22, 2012 - 1:03pm
'The Only Winning Move Is Not to Play'—The Insanity of the Regulatory Race to the Bottom
The plot of the movie WarGames (1983) involves a slacker hacker (played by Matthew Broderick) who starts playing the game “Global Thermonuclear War” with Joshua, a Department of Defense (DoD) supercomputer that has been given partial control by DoD of our nuclear forces. The game prompts Joshua, who has been programmed to win games, to trick DoD into authorizing Joshua to launch an attack on the Soviet Union so that Joshua can win the game. The hacker and the professor that programmed Joshua realize that the only way to prevent Joshua from attacking is to te
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Friday, December 16, 2011 - 11:06am
Dante’s Divine Comedy: Banksters Edition
Sixty Minutes’ December 11, 2011 interview of President Obama included a claim by Obama that, unfortunately, did not lead the interviewer to ask the obvious, essential follow-up questions.
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Wednesday, October 19, 2011 - 11:33am
Not with a Bang, but a Whimper: Bank of America’s Death Rattle
Bob Ivry, Hugh Son and Christine Harper have written an article that needs to be read by everyone interested in the financial crisis. The article (available here ) is entitled: BofA Said to Split Regulators Over Moving Merrill Derivatives to Bank Unit. The thrust of their story is that Bank of America’s holding company, BAC, has directed the transfer of a large number of troubled financial derivatives from its Merrill Lynch su
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