It is reported by the BBC that the UK government is considering restricting banks’ ability to pay bonuses to employees who take “reckless” risks.  This assumes that:

Banks would otherwise want their employees to take reckless risks.
There are good ways to determine ex-ante which risks are reckless.

Ignoring the first point, I have severe doubts about the [...]

Terence Kealey wrote this article for the New Scientist magazine. In it his makes some pretty big errors and perpetuates some myths that should not be perpetuated. Here is the letter I sent him with my criticisms:
Dear Prof. Kealey,
I read your article on economics in the New Scientist with interest, and greatly enjoyed [...]