Financial Markets, Regulation & Crisis

"VIX Surge is a Wake-up Call for Investors," Barron's, Feb. 24, 2018.

"Why Financial Markets Underestimate Risk," Project Syndicate,  Sept. 25, 2017.

The Dodd-Frank Financial Reform,” EconoFact, Sept. 8, 2017.

"The Case Against Subsidizing Housing Debt,"  Project Syndicate, May 29.  E.g., The Guardian, May 30, 2017.  Extended version at Econbrowser or Seeking Alpha.

"Making Crises Great Again,"  Project Syndicate,  Feb. 21, 2017.  E.g., "Rescinding Dodd-Frank Rule," Korea Herald, Feb. 23, 2017.

 "Who is right on US financial reform?"  Project Syndicate, Feb.24, 2016. Eg, in Straits Times.  Extended versionEconbrowser1-slide chart of reforms.

"Did Obama Turn Around the Economy?Project Syndicate, Feb.20, 2012;  incl. Korea Herald 2/23/12.

“It May Be Slow, But at Least It's a Recovery," slides, Harvard. Oct.2010.
"Economic Outlook," Toronto, April 20, 2010.
"The Global Economic and Financial Crisis," WCFIA Fellows’ Alumni Reunion & Conference, Weatherhead Center, April 16, 2010
"After  the Global Financial Crisis: Korea, the US, and the G-20", presentation, 25th anniversary of the Korea-America Economic Association, Atlanta, Jan. 2010. 

How do we know this will not be another Great Depression?  Lessons from the Current Crisis", Belfer Center Economics Seminar Series, HKS, May 4, 2009. slides

"The Financial and Economic Crisis," slides:   Harvard,  Feb.12,  April 29, 2009;   Wellesley, Mar. 26 ;  BSAS June 25, 2009.

"How the Government Dealt with Past Recessions,"  NYTimes.com, New York Times, Jan. 2009.

"Understanding the Economic Crisis," Program for New Members of Congress, Harvard, Dec. 4, 2008;  TV: NECN; C-SPAN.  Radio: Federal News Radio  Blog: PolitickerMA.com

"The revised TARP plan should have passed," September 29, 2008.   On Point, NPR.
"An emerging consensus against the Paulson Plan: Washington should force bank capital up, not just socialize the bad loans," Sept.22, 2008.

"Atheists in Foxholes; Libertarians in Financial Crises", July 2008. 

“Thinking about Risks Ahead of Time,”   1-page comment for FT.com Forum, on Martin Wolf 's column, “Risks and Rewards of the World Economy’s Golden Era,”  Financial Times,  May 2, 2007.

"Implicit Volatilities in Options Prices are Too Low,"  TransNational Research, London, Jan. 12, 2007.