Thursday, November 5, 2009

Impotant Questions for Finance as raised by many economists

Can the financial sector get too big, and if so how can we tell?
Can derivatives markets concentrate risk as well as spread it?
Is financial innovation fundamentally different and more dangerous than innovation in other fields, and if so what should we do about it?
Should central banks and financial regulators try to snuff out asset-price bubbles, and if so how should they go about determining when we're in bubble territory?
Is Hyman Minsky right that good times inevitably breed crises?

No comments: