Krugman on Reform

(Community Matters) I’m a big fan of Paul Krugman. Though, I disagree with today’s column (Making Financial Reform Fool-Resistant). Financial regulatory reform as expected to be passed is – yes, admittedly – dependent on the sound execution by regulators. That’s what we need to give them, not some micro-managing, these-explicit-rules-fit-all solution. If there is a problem with the soundness/transparency/coziness-to-industry of the regulators, that’s another problem to also be addressed

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