Mark J. Perry and Robert Dell
GET UPDATES FROM Mark J. Perry and Robert Dell
Mark J. Perry is a visiting scholar at the American Enterprise Institute and professor of finance and economics at the University of Michigan in Flint. He is the creator and editor of the popular economics blog Carpe Diem. He holds an MA and PhD in economics from George Mason University and an MBA in finance from the University of Minnesota.

Robert Dell is a commercial real estate banker in Atlanta, Georgia. He holds a BA in economics from William and Mary and an MBA in finance from Emory University. He is the author of the recent book, Back from Serfdom.

Blog Entries by Mark J. Perry and Robert Dell

A Fair Tax for Progressives

95 Comments | Posted April 18, 2012 | 10:52 AM

By Robert Dell

Millions of Americans who recently endured needless hours of toil and stress completing tax returns want fundamental tax reform and relief from the oppression of the current tax code, which includes a $400 billion annual compliance burden and which even progressive economists concede is a national disgrace....

Read Post

Reset Equity-Risk Formula for Banks

5 Comments | Posted August 1, 2011 | 9:30 PM

Originally published in The Atlanta Journal-Constitution on July 29, 2011.

By Robert Dell

What the AJC's recent investigation into the failure of 65 Georgia banks showed is that both bank executives and their regulators lacked incentives for maintaining equity capital commensurate with the risk of...

Read Post

More Equity, Less Government: Rethinking Bank Regulation

65 Comments | Posted February 28, 2011 | 12:18 PM

History's two most influential advocates for economic liberty, Adam Smith and Milton Friedman, nevertheless turned away from "free banking" to support some financial regulation and legislative reform in the wake of financial crises. Smith's views were influenced by the global banking crisis of 1772 and the failure of the Ayr...

Read Post

How Government Failure Caused the Great Recession

23 Comments | Posted January 18, 2011 | 3:13 PM

Today we see how utterly mistaken was the Milton Friedman notion that a market system can regulate itself. We see how silly the Ronald Reagan slogan was that government is the problem, not the solution . . . I wish Friedman were still alive so he could witness how his...

Read Post