When the facts change, I change my mind. What do you do? -- John Maynard Keynes

Sunday, June 24, 2012

Parsimony and American Justice

What happened to the Parsimony Principle in American Justice?

Allen Stanford gets 110-year prison sentence for $7 billion fraud - The Washington Post: "“A triple-digit, eye-popping sentence might make for good headlines but it does not make any sense whatsoever in terms of sound sentencing policies,” Barry Pollack, a Washington-based criminal defense attorney, said in a phone interview yesterday."


The Big Picture

Financial Crisis - The Telegraph

JohnTheCrowd.com | The Sailing Website

Craig Newmark - craigconnects