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20 November 2014

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Glenn Loury (Brown University) and Ross Levine (Haas School of Business)

On The Glenn Show, Glenn and Ross discuss the recent book by Anat Admati and Martin Hellwig, The Bankers’ New Clothes. Ross says that the government is inadvertently subsidizing bank fragility. Can anything be done about “too big to fail“? They explain the real reason that Wall Street wants to keep equity low and debt high—more money for bank executives and shareholders. Is it unrealistic to think that government could ever rein in the financial system? Glenn and Ross critique Admati and Hellwig on how accurately regulators can assess bank assets. Ross closes by explaining why he’s not optimistic about removing catastrophic risk from the financial system.

Recorded:Nov 13    Posted:Nov 18, 2013
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The Glenn Show | Nov 18, 2013 | Glenn Loury & Ross Levine

The Glenn Show

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Glenn Loury talks to Daria Roithmayr, author of the book Reproducing Racism.   Play entire video

The Glenn Show

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The Glenn Show

Was Obamacare dishonestly sold to the public?

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Why Marco is better than Jeb

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