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As the ongoing financial crisis fuels anti-market sentiment in Washington, the deregulation, industry restructuring, and regulatory reform initiatives of the last thirty years are increasingly coming under attack. In this timely monograph, Paul L. Joskow argues that the crisis in the financial market should not become an excuse for reversing beneficial regulatory reforms in other sectors. Indeed, the financial crisis presents a valuable opportunity to evaluate a broad range of regulatory reform options and make reasoned decisions about their rightful application to financial products and markets.…mehr

Produktbeschreibung
As the ongoing financial crisis fuels anti-market sentiment in Washington, the deregulation, industry restructuring, and regulatory reform initiatives of the last thirty years are increasingly coming under attack. In this timely monograph, Paul L. Joskow argues that the crisis in the financial market should not become an excuse for reversing beneficial regulatory reforms in other sectors. Indeed, the financial crisis presents a valuable opportunity to evaluate a broad range of regulatory reform options and make reasoned decisions about their rightful application to financial products and markets.
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Autorenporträt
Paul L. Joskow is president of the Alfred P. Sloan Foundation and a professor of economics at the Massachusetts Institute of Technology.