Torsten Slok at DB sent along this lovely graph. The underlying paper "Eclipse of the Public Corporation or Eclipse of the Public Markets?" by  Craig Doidge, Kathleen M. Kahle, G. Andrew Karolyi, and René M. Stulz,  has a lot more.

British historian Niall Ferguson is urging Australia to avoid the mistakes of US and European regulators who sought, in the aftermath of the 2008 crisis, to regulate "with great specificity every single aspect of a bank's operation."

This week on Uncommon Knowledge President George W. Bush discusses postpresidential life and his work at the Bush Institute. (1:03:21)
“I believe we are a blessed nation; that is, therefore, we have a sense of responsibility to the extent we can to help others. In this case there was a pandemic destroying an entire generation of people. And I didn’t see how I could be president of a powerful, the most powerful, and the richest nation and not lend our support to saving lives. It would have been unconscionable not to act. So I thought it was in our moral interest to act. I also knew it was in our national security interest to act.”