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Monday, April 13, 2009

Extend the Regulatory Umbrella

My opening entry in the Blog Wars at CBS Marketwatch.com:

    We Need to Extend the Regulatory Umbrella.

[This was written before Paul Krugman's Making Banking Boring, which makes similar points. Also, last week Tyler Cowen and Brad DeLong discussed fiscal policy - see here.]

Update: Here is Houman Shadab's response:

    Regulate the Relationships, Not the Institutions and Instruments

I have a counter response, and a proposal for regulating systemic risk, that will appear tomorrow.

    Posted by on Monday, April 13, 2009 at 09:45 AM in Economics, Financial System, Regulation | Permalink  TrackBack (0)  Comments (9)

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