I got through the talk up to his conclusions about decoupling, contingency planning and whistleblower support. What book was he pimping in this talk? Sounds right up my library alley.
I will say that there are a few items he should put on his list involving policies established in 1933 (here in the States) that were abandoned in 1999. I would also advocate he talk not only to failure specialists outside banking but also outside neoclassical economics. These new branches of economic thought have shed quite a bit of light on banking functioning (and malfunctioning) that those of the neoclassical set (like Greenspan and Bernanke) literally can't see; their core values, their core mental models, will not allow them to see the solutions.
Greenspan even admitted as much in front of the House of Representatives when questioned by Henry Waxman. That's good video.
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Date: 3/5/12 21:31 (UTC)I will say that there are a few items he should put on his list involving policies established in 1933 (here in the States) that were abandoned in 1999. I would also advocate he talk not only to failure specialists outside banking but also outside neoclassical economics. These new branches of economic thought have shed quite a bit of light on banking functioning (and malfunctioning) that those of the neoclassical set (like Greenspan and Bernanke) literally can't see; their core values, their core mental models, will not allow them to see the solutions.
Greenspan even admitted as much in front of the House of Representatives when questioned by Henry Waxman. That's good video.