The $2 billion loss at JPMorgan Chase (JPM) has reopened debate on the Volcker rule. The proponents of the rule have seized on the story as proof that the Volcker rule is necessary and should be quickly put into effect by regulation. In reality, however, if the facts are as thus far reported, what happened at JPMorgan is proof that the Volcker rule is unworkable and should be repealed. 

It looks like there will be another Super Bowl between the New England Patriots and the New York Giants.

It’s depressing to watch, but it is missing the point that the Volcker rule would not have prevented the loss and is probably unworkable.

The NFL Draft allows a teamto gain players who perform far better than their salaries would indicate.

Sportsmanship off the field is at least as important as talent on the field.

Sportswriters and economists have different opinions when it comes to choosing the winners and losers of this year's NFL draft.

What do economists know that NFL coaches do not about drafts and salary caps?

Can economics declare which team was the big winner in last weekend's NFL draft?