Bill Black, a law and economics professor at the University of Missouri-Kansas City, knows how to spice up a congressional hearing. Black went to Washington in April to testify about the failure of Lehman Brothers. Hardened by his experience as a regulator during the savings-and-loan crisis, Black accused Lehman of perpetrating a fraud, and he shamed government officials for not doing more to stop it, deliciously calling out Ben Bernanke and Timothy Geithner by name. Black's wife, June Carbone, also teaches at UMKC's law school. Last spring, she and a co-author released a book, Red Families v. Blue Families, that examines why families tend to be more dysfunctional in states that go for the "family values" political message. New York Times columnist Ross Douthat called the book "provocative" in a piece built largely around their findings.
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