Close
  • Latest
  • Minutes
  • Politics
  • Culture
  • Magazine
  • Climate
  • Books
  • Photography
  • Newsletter
  • Subscribe
  • About
  • Advertise
  • Contact
  • FAQ
  • Press
  • Jobs
  • RSS
  • Masthead
  • Privacy
  • Subscriber Services
Menu
MagazineSubscribe

The Wall Street Regulation Of My Dreams...

By Noam Scheiber

July 9, 2009

Okay, probably a slight overstatement to say I dream about this stuff. But my former TNR colleague Ryan Lizza and I did talk about our favorite Wall Street regulatory ideas in this recent Bloggingheads appearance. The gist:

Also, here I tried to make the case that it's helpful if some of the people overseeing the financial system aren't especially sophisticated about financial markets. Not for the usual reason--that the most sophisticated people are tainted by an association with Wall Street. But because, if you're not super-sophisticated, you end up having to rely on your intuition, and intuition often gets you a long way in these discussions. (Though I don't think you'd want your whole regulatory team, or even most of it, to fit that profile.)

--Noam Scheiber

Read More
The Stash

New arguments. New insights.
Get TNR's latest every weekday.