02 March 2017

Connectedness and contagion: protecting the financial system from panics

Hal S Scott
2016, MIT Press, 416 pages,

Reviewer: William Allen, NIESR

Hal S. Scott is a professor at Harvard Law School who has taken a close interest in financial issues and evidently has a clear understanding of them.  His book analyses the financial crisis and the ensuing regulatory actions, and is refreshing for its careful and clear presentation of the facts of the crisis, and its reliance on the facts as a foundation for its comments on the regulatory…

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