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  #27  
Old 04-08-2009, 02:07 AM
x9#z6 x9#z6 is offline
 
Join Date: Dec 2008
Posts: 27
Default Re: Trust Us, We're Experts (Noam Scheiber & Megan McArdle)

I like Megan's drive to explain financial crashes as a stochastic process, however, her implication that we should just throw our hands up in the air (hey it's all random anyway) and forget about regulations is wrong. More or less regulation should, in part, determine the frequency of these events. I for one am for less frequent.
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