The Road to Financial Reformation : Warnings, Consequences, Reforms (Hardcover)

Foreword by Niall Ferguson.

Acknowledgments.

Introduction.

PART I: IN PERSPECTIVE.

1 Past Blunders and Future Choices.

2 Reflections on Business, the Lessons of History, and Globalization.

3 If Adam Smith Were Alive Today.

PART II: NEGLECTED EARLY WARNINGS.

4 Troubling Trends in Financial Markets and Official Policies.

5 Debt: The Threat to Economic and Financial Stability.

6 The Decapitalization of American Corporations.

7 Shortcomings in Financial Oversight.

PART III: THE BIGNESS DILEMMA.

8 From Financial Segmentation to Concentration.

9 Financial Concentration in Economic Thought.

10 Do We Still Need Glass-Steagall?

11 Banking and Commerce Should Not Merge.

PART IV: FINANCIAL CRISES.

12 Postwar Financial Crises, 1966–2001.

13 The Great Financial Crisis of 2007–2009.

PART V: POLICY FAILURES AND REFORMS.

14 Public Policy and the Markets.

15 The Perils of Monetary Gradualism.

16 The Fed and the Governance of Financial Institutions.

17 Transparency and the Fed.

PART VI: PROSPECTS.

18 Prospects for Interest Rates.

19 The Financial Consequences of the Credit Crisis.

Selected Bibliography.

About the Author.

Index.