Tuesday, September 29, 2009

Robert Shiller: In defence of financial innovation

“It is critical that we take the opportunity of the crisis to promote innovation-enhancing financial regulation and not let this be eclipsed by superficially popular issues.” Click Here To Read Robert Shiller’s Latest : IN Defence of Financial Innovation Introduction (Via FT) Many appear to think that the increasing complexity of financial products is the source of the world financial crisis. In response to it, many argue that regulators should actively discourage complexity. The J Read the rest ...