Featuring the author Charles Calomiris, Henry Kaufman Professor of Financial Institutions, Columbia Business School; with comments by Andrew Olmem, Partner, Venable LLP; moderated by Mark Calabria, Director, Financial Regulation Studies, Cato Institute.
The current issue of global warming is extreme in terms of the number of special interests that opportunistically have strong interests in believing in the claims of catastrophe despite the lack of evidence.
Was credit too cheap or too expensive? Did a lack of consumer protection cause the financial crisis? Todd Zywicki, a law professor at George Mason University says the diagnosis is wrong and so is the cure.