(Youtube link) A speak given at the Mercatus Center / CATO conference "After Dodd-Frank: The Future of Financial Markets." (The link has videos of the whole conference.) The speak is taken from the newspaper "Towards a Run-Free Financial System," which answers many objections y'all may induce got to claims inwards the talk. (Yes, I induce got plugged it earlier on the spider web log in addition to volition probable produce again.)
The to a greater extent than I read virtually it, the to a greater extent than I intend it's of import to define what is not a problem, in addition to tin live on left alone. If nosotros induce got to solve housing subsidies, Fannie in addition to Freddie, global imbalances, Wall Street greed, compensation, inequality, savings gluts, predatory lending, fiscal utilities, bankruptcy law, behavioral biases of equity managers, living wills, stress tests, uppercase ratios, Basel regulation, macroprudential bubble-detection in addition to pricking, complexity of derivatives, telephone commutation vs. otc trading, in addition to and then on in addition to and then on only to salve ourselves from the side yesteryear side crisis, nosotros mightiness also laissez passer on upwards now.