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LEHMAN/GEKKOIn this week’s episode: Leviticus 24-27.  We conclude Leviticus with a foray into the world of complicated financial products and the ins and outs of the free market as we address the question:  Why regulate?

ICYMI, a paper on the origin of mortgage backed securities, the section of Pope Francis’ Evangelii Gaudium where he tears Reaganomics a new one, and an episode of the always interesting Freakonomics podcast discussing Pope Francis’ broadside:

 

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