Free Lunch: Finance and the Rule of Law

Financial Times, April 17, 2015. All Rights Reserved.

Elizabeth Warren may not be running for president but she does not relent in gunning for Wall Street. On Wednesday she gave a speech arguing powerfully that the task of taming finance is far from finished. It is an important speech that deserves to be widely read. The location she chose to give it was, incidentally, as apt as can be. The Levy Institute has covered itself in more glory than the economics profession at large, with research less marred by the blind spots that once distracted so many economists from the looming crisis. (It was Hyman Minsky‘s home institution.)

Read more: http://www.ft.com/intl/cms/s/0/a37b9244-e386-11e4-9a82-00144feab7de.html#axzz3Xfu2l4dm