Arnold Kling  

Roberts and Kling on the Crisis

Lidtke's The Outlawed Party... Hanson's Brief History of Warf...

Russ Roberts is summarized in the NYT Dealbook. My paper in the Harvard Journal of Law and Public Policy is now available. Other papers on the financial crisis are here. For now, since I am mostly on vacation, they are self-recommending.

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impostor writes:

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Mike Rulle writes:

Excellent summary in the Harvard Journal. Not much to add except to state the obvious that politicians will always favor the cartoon version of moral failure. Moral failure is a constant. Regulatory loopholes ("arbitrage") need not be---at least when combined with policy. They can never be eliminated fully, but can be mitigated. One way is to let institutions fail. But that's old news.

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