Clearly policymakers learned nothing from the financial crisis
Satyajit Das wrote an interesting column about how rather than dismantling the financial doomsday machine that failed so spectacularly in 2008/2009, policymakers... Read More
Dismantling Dodd-Frank is a necessity
Given the difficulty the Republicans are experiencing in their efforts to repeal and replace ObamaCare, they need a roadmap for dismantling the... Read More
Will China discover financial transparency?
In its search for a way to wean investors off of implicit government guarantees, will the Chinese government discover financial transparency? As... Read More
Deutsche Bank’s hollow apology
Shortly after settling with and agreeing to pay a several billion dollar fine to the US for its pre-2008 handling of mortgage-backed... Read More
The crisis in economics
Since the Queen of England asked why the economics profession had not seen the financial crisis coming, the profession has been in... Read More
Transparency and climate change
In a recent column in the Guardian, Mark Carney and Michael Bloomberg talked about how managing climate change required information. From rising... Read More
Political power and transparency
In politics, true power is shown by the ability to steer the conversation to what you want to talk about and away... Read More
Minneapolis Fed makes case for repealing Dodd-Frank Act
I am sure it was inadvertent, but the Minneapolis Fed made a compelling case for repealing most of the Dodd-Frank Act. Please... Read More
The Minneapolis Plan versus transparency
It was clearly unintentional, but the Minneapolis Fed showed why transparency is the preferred solution for ending Too Big to Fail and... Read More
Donald Trump and the race to the bottom in financial regulation
Since his election as the US president, Donald Trump’s transition team has announced its intention to rollback many elements of the Dodd-Frank... Read More
Donald Trump, the SEC and Transparency
After his election victory, the question is: “Will Donald Trump champion restoring transparency in the global financial system?” In my opinion, the... Read More
Yes, Wall Street turns good people bad
In her excellent review of Maureen O’Hara’s new book, Gillian White shows why restoring transparency and the Transparency Label Initiative are so... Read More
Matt Levine makes the case for banks providing transparency
In his Bloomberg View Money Stuff column, Matt Levine looks at Deutsche Bank’s choice to raise capital by selling shares to employees... Read More
Is there anything as misunderstood in Economics as transparency?
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The following is an excerpt from Transparency Games highlighting just how misunderstood transparency is by the Economics profession: Recall that, including myself, there... Read More
Debunking claim in financial markets opacity is beneficial
Today the latest recipients of the Nobel prize in Economics were announced. One winner, Bengt Holmstrom, wrote a January 2015 working paper for... Read More