Simon Johnson on the Economy
March 10, 2010 1:25 PM   Subscribe

Last week, economist Simon Johnson (his blog; previously on MeFi) spoke at the Roosevelt Institute about the failure to regulate the financial industry, and the doomsday cycle of our economy (via).
posted by HP LaserJet P10006 (4 comments total) 13 users marked this as a favorite

 
This is Obama's largest and most telling failure. After 2008 the need to re-institute the financial regulations which had been steadily eroded for the last three decades was nakedly obvious. A year later and we have no new regulation whatsoever.

If nothing changes, everything will stay the same.
posted by mek at 4:41 PM on March 10, 2010 [4 favorites]


Here's the full set of videos from the conference :P

also, here's SRW's Rooseveltian reflections and rolfe winkler sez: "though the lobby machine is strong, it's not the real obstacle to reform. We are..."

cheers!
posted by kliuless at 5:59 AM on March 11, 2010


Wall Street Reform That Will Prevent The Next Financial Crisis
posted by HP LaserJet P10006 at 11:11 AM on March 11, 2010


Great talk. Wish I could see the charts better. (guess I'll have to buy the book)
posted by ropeladder at 6:19 PM on March 11, 2010


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