From Squam Lake

In late 2008, Dartmouth's Ken French assembled an all-star group of 15 finance and economics scholars at Squam Lake in New Hampshire to discuss what was going on and what to do about it. Their discussions continued over the succeeding months and as consensus was reached, topic by topic, a series of white papers issued forth. These findings have now been gathered together as The Squam Lake Report: Fixing the Financial System. It's concise--barely 150 pages--and crystal clear. It provides the rationale for much of what is in the bill being debated in the House-Senate conference, and points to some areas where the legislation seems likely to fall short.

Arnold Kling is not impressed. I am. If you asked me to recommend one thing to read on reforming financial regulation, this would be it.

The book was launched at a conference in New York this week. Ben Bernanke gave a speech, which is also worth a look.

Presented by

Riding Unicycles in a Cave

"If you fall down and break your leg, there's no way out."

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

Riding Unicycles in a Cave

"If you fall down and break your leg, there's no way out."

Video

Carrot: A Pitch-Perfect Satire of Tech

"It's not just a vegetable. It's what a vegetable should be."

Video

An Ingenious 360-Degree Time-Lapse

Watch the world become a cartoonishly small playground

Video

The Benefits of Living Alone on a Mountain

"You really have to love solitary time by yourself."

Video

The Rise of the Cat Tattoo

How a Brooklyn tattoo artist popularized the "cattoo"

More in Business

Just In