Back to blogging, and to Basel’s latest twists
After a very long break, I finally decided to start blogging again. This break was due to a very busy lifestyle since last summer: getting back home at 11pm on most week days is not necessarily conducive to quality blogging. As a result of the combination of high workloads and plenty of other activities, and with high level of exhaustion as a result, I realised that blogging was at the bottom end of my list of priorities. On my few free weekends, the few hours of relaxation I could get became a much more appealing option.
Moreover, the post-crisis debate around banking theory and regulation had almost vanished from social and mainstream media amid the benign economic environment. The publication frequency of interesting economic research pieces and other thought-provoking economic commentaries had also declined sharply. There wasn’t much to fight for as there was no one to debate. Not even an endogenous money theorist in sight. Motivation was low.
This state of affairs couldn’t last of course. The accumulation of regulatory news and some (admittedly limited) renewed attacks against free markets and banking on social media were enough to reignite my motivation and finally force me to find enough time to put together a few posts. \My non-blogging activities remain pretty time-consuming; therefore posts are likely to be few and far between.
So where to start? The (apparently) final and long-awaited completion of the new Basel 3 rulebook has been recently published. While I was originally planning to dissect some of its features in this post, it rapidly became clear that a whole separate publication was necessary. So there you go: tomorrow I’ll publish another post on my favourite topic, Basel regulations. And it will be wonkish.