In London next month, the Adam Smith Institute will host John A. Allison, former chairman and CEO of BB&T, who will give The Ayn Rand Lecture. Mr. Allison, a member of the board of directors of the Ayn Rand Institute, will discuss the long-term consequences of the financial crisis. The event is strictly by invitation only; queries should be directed to the Adam Smith Institute. From an announcement about the event:
US banking luminary John Allison – who is unafraid to speak frankly about the grim reality of the financial crisis – delivers the ASI’s prestigeous Ayn Rand Lecture in the City of London on 21 June.
While others blame bankers’ bonuses or credit derivatives, Allison believes the root problem is that banking is not capitalist enough – as demonstrated by the multi-billion bank bailouts and the fact that interest rates are set by central banks rather than by the market.
With a new year approaching, we looked back at some of the topics we discussed on VFR since the blog was launched. Here, we highlight a few of our favorite VFR posts that you may enjoy revisiting (or reading for the first time, if you’re a new reader).
Given that our country is mired in a severe recession, the history of the Great Depression—especially the history of how we got out of it—is rightly regarded as relevant to fixing today’s problems.
Throughout Washington, the most powerful politicians (including Barack Obama) and bureaucrats (including Ben Bernanke) are sparring over the apportionment of new government powers–in particular, how much additional power should the Fed have–to prevent future financial crises. (See stories 
The scene: an ostensibly civilized White House gathering between President Barack Obama and executives from the nation’s largest financial institutions. The subject? 
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