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Whet Moser
The Culture That Makes an MF Global Possible
By Whet Moser
Karen Ho, the author of Liquidated, an outstanding ethnography of contemporary Wall Street that explains how its internal culture spills out into the American economy, discusses the mindset that can bring down a huge financial firm run by terribly bright people. Read more
Mitt Romney Wins Wisconsin
By Whet Moser
The presumptive nominee takes Wisconsin by a desultory but solid margin, making him more inevitable than the day before. The secret (besides lots of cash)? Santorum's advantage among evangelicals is also his ceiling. Read more
The CME Group, Rahm, and TIFs: Correcting the Record
By Whet Moser
Another day, another article claiming that (for better or worse) Rahm Emanuel is bringing a new form of government to Chicago, casting off its patronage legacy and bringing the city into the 21st century of civic governance. It's a lot more complicated than that. Read more
Privatization and Other Policy Reads
By Whet Moser
Why Chicago is now the Fourth City behind New York, Los Angeles, and... Washington D.C.?; the European model of infrastructure privatization and why they're so much better at it than us; and more Read more
Would Winning the Mega Millions Make You Unhappy or Broke?
By Whet Moser
It's accepted folk wisdom that lottery winners end up miserable and/or bankrupt. Two Northwestern psychologists found that winning the lottery actually makes you happy and less stressed—but less able to enjoy what you did before, for no net effect on your happiness. One piece of advice: if you win, keep the news to yourself. Read more