Glenn Loury & Ross Levine [The Glenn Show]
172 views · Published 5 April 2018 · 53:44 · Indexed 25 September 2026
Channel: Nonzero · 2018 · News & Politics
On The Glenn Show, Glenn and Ross discuss the recent book by Anat Admati and Martin Hellwig, The Bankers’ New Clothes (00:22). Ross says that the government is inadvertently subsidizing bank fragility (05:53). Can anything be done about “too big to fail (13:10)“? They explain the real reason that Wall Street wants to keep equity low and debt high (20:08)—more money for bank executives and shareholders. Is it unrealistic to think that government could ever rein in the financial system (25:43)? Glenn and Ross critique Admati and Hellwig on how accurately regulators (34:13) can assess bank assets. Ross closes by explaining why he’s not optimistic (49:00) about removing catastrophic risk from the financial system. Glenn Loury (Brown University) and Ross Levine (Haas School of Business) Join the conversation on Bloggingheads.tv: http://bloggingheads.tv/videos/23512 Recorded on November 13, 2013 Subscribe to the Bloggingheads.tv YouTube channel: https://goo.gl/ccLFDY Follow us on Twitter: https://twitter.com/bloggingheads Like us on Facebook: https://www.facebook.com/bloggingheads/ Follow our RSS feed: https://bloggingheads.tv/videos/feed?format=audio
