financial reform ..

http://krugman.blogs.nytimes.com/2010/04/18/six-doctrines-in-search-of-a-policy-regime/#more-8819
Krugman at his best in being lucid and descriptive about financial crisis. what is surprising is how close are economists on the left and right (centre-right) are in their views about fianancial reform are and how far the politicians are in terms of slogans like "too big to fail" and "cut payments to banks"