How low can they go? Dep’t

According to today’s Wall Street Journal (the news pages, mind you, not the paranoid-fantasy pages in the back) Dresdner Bank hired a Stasi veteran who was pals with Vladimir Putin in his KGB days to run its Russian operation, and he’s doing very well at it.

Comment would be superfluous. If any reader can think of anything practical any of us could do to make Dresdner Bank regret this, I’m all ears.

Author: Mark Kleiman

Professor of Public Policy at the NYU Marron Institute for Urban Management and editor of the Journal of Drug Policy Analysis. Teaches about the methods of policy analysis about drug abuse control and crime control policy, working out the implications of two principles: that swift and certain sanctions don't have to be severe to be effective, and that well-designed threats usually don't have to be carried out. Books: Drugs and Drug Policy: What Everyone Needs to Know (with Jonathan Caulkins and Angela Hawken) When Brute Force Fails: How to Have Less Crime and Less Punishment (Princeton, 2009; named one of the "books of the year" by The Economist Against Excess: Drug Policy for Results (Basic, 1993) Marijuana: Costs of Abuse, Costs of Control (Greenwood, 1989) UCLA Homepage Curriculum Vitae Contact: Markarkleiman-at-gmail.com