Michael Shermer

I am a toxico-nutritional neuro-epidemiologist. It's the study of neurological disorders caused by a mixture of toxins and malnutrition using epidemiological methods... We are just three or four in the world, even fewer than sword swallowers.

It is no wonder that bank capital is regulated. When borrowing and lending is profitable, it is tempting for banks to scale up their operations and to borrow and lend too much in relation to their capital, in effect reducing the effectiveness of the potential capital cushion.