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• @JamesYKwak

  • New post: If the Fed Knows Banks Are Too Big, Why Doesn't It Make Them Smaller? wp.me/pkTuk-2Lq 5 days ago
  • RT @TimHarford: Sorry, "Tiger" parents. You're not even succeeding in your narrow aims... dlvr.it/3M8ztN 1 week ago
  • New Atlantic column: the 787, the financial crisis, and why relying on industry to protect us doesn't work. theatlantic.com/business/archi… 1 week ago
  • If you've used the online statutes and rules at Cornell's Legal Info. Inst., please consider donating: @LIICornell liicr.nl/vkSPzM 1 week ago
  • "within serious institutions ... the IIF has become little more than a punchline to an unfunny joke" @felixsalmon reut.rs/10bQISc 1 week ago
  • Google Glass reminds me of that Douglas Adams line on the human species: "they still think digital watches are a pretty neat idea." 1 week ago
  • @WhatsaUte True, but theory is also on my side; see Admati. 1 week ago
  • New post: The Cost of (Equity) Capital. How Deutsche Bank (!) proved that raising more capital is good for banks. wp.me/pkTuk-2Lo 1 week ago
  • Corporations Find a Friend in the Supreme Court - citing Adam Chandler! nyti.ms/13dTqqC 2 weeks ago
  • By Steven Davidoff: RT @dealbook: In Venture Capital Deals, Not Every Founder Will Be a Zuckerberg nyti.ms/101nHWh 2 weeks ago
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• Personal Blog – Recent Posts

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• The Baseline Scenario

  • If the Fed Knows Banks Are Too Big, Why Doesn’t It Make Them Smaller?
  • The Cost of (Equity) Capital
  • With Great Power . . .
  • Can You Say “Bubble”?
  • Yet Another Proposal To Raise My Own Taxes
  • Frat Boys and Tech Companies
  • Protecting Boards from Their Own Shareholders
  • Fatal Sensitivity
  • Are Reinhart and Rogoff Right Anyway?
  • More Bad Excel