You’ve no doubt heard about the crowed prisons.  The results of the “war on drugs”, the three strike laws and the mandatory minimum prison sentences have  resulted in a hugely overcrowded prison population.  The United States has about 5% of the world’s population and about 25% of the world’s prison

published May 26th 2017, 8:48 am, by Matt Levine (Bloomberg View) — VIX manipulation We talked on Wednesday about the CBOE Volatility Index, the VIX, which is an index of implied volatility based on S&P 500 Index stock options. The VIX is used as the reference for VIX futures and