For most of the 20th century, there was a clear wall between working people’s pension funds and the riskier corners of financial markets. This wasn’t accidental—it was the law.
To blog subscribers: You may have noticed that our feed was down this weekend (starting at around 2pm on Friday). It's back up. It was a problem with Google/Blogger; apparently lots of other blogs had the same problem.
Here's what you missed (unless you visited the site directly):