David R. Henderson  


Laidler and Sumner on the Stat... Ohanian and His Critics...

On Tuesday, September 15, at 9:00 a.m. PDT (noon, EDT), I'll be on KQED-FM (88.5) Forum out of San Francisco, talking about the first anniversary of the Lehman Brothers collapse. The other guests will be Joe Grundfest of Stanford Law School and Peter Coy of Business Week. Joe is a lawyer whom I helped hire as the securities regulation specialist at the Council of Economic Advisers in 1984. Joe will advocate "different" regulation. Peter Coy will recommend more regulation. Guess what I'll recommend.

For some reason, their schedule doesn't show it.

To listen live, go here.

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MikeP writes:

Guess what I'll recommend.

1. An end to government subsidy of debt.

2. An end to government subsidy of securitization through capital requirements that rate securities less risky than what they contain.

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