Eager to stay up to date on global financial market reform, but too busy to plow through the blizzard of analysis pouring out of academia, think tanks, governments, international organizations and blue ribbon commissions? Check out the summary (as well as the papers and the presenters’ PowerPoints) from a one-day conference on financial reform last October that was sponsored by the Centre for Economic Policy Research in London. We were particularly impressed by the paper on shadow banking penned by a team from the New York Fed.
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Financial Reform in a Day |
Professor Dieter Helm (Oxford) is a very fine fly fisherman, and an even better economist. If you haven’t done so, take a look at his new book “The Carbon Crunch: How We Are Getting Climate Change Wrong — and How to Fix It” for a bit of unconventional wisdom. He argues that politicians and the general public have not shown any real interest in addressing climate change. Helm argues that places like Europe should focus on setting a price for carbon that would cover consumption (and not just production), and that fracking could be a good “bridge” technology for reducing consumption of coal. The book is readable and insightful for those interested in the inside track on climate policy. 
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