In this article, Shiller articulates the need for innovationenhancing regulation, not regulation
that arbitrarily ties markets down. In the several years since the crisis began in 2007, only …

Over the years, modern financial markets have faced many seemingly disparate financial
crises. These crises can all be traced back to the use of leverage and limited liquidity. While …

Head of Risk Management Moore Capital Management o area of economics has the wealth
of data that we enjoy in the field of finance. The normal procedure we apply when using …

The MF Global bankruptcy was the fifth largest financial failure in US history and sent shock
waves across the US and European financial markets; the farming and commodities …

This article's title might give the reader the wrong idea. After all, a literature search using
these keywords reveals much interesting work, most of it relating to sophisticated …

STRATEGIC RISK MANAGEMENT Having just experienced a global pandemic that sent
equity markets into a tailspin in March 2020, risk management is a more relevant topic than …

Abstract “History repeats itself” is not just an idiom, it is the naked truth; another agonizing
fact is that humans do not seem to have learned from past experiences throughout history …

We have experienced the most severe global financial crisis since the Great Depression.
The sharp, synchronized falloff of real economic activity that occurred in the fall of 2008 is …

James L. Grant is Assistant Professor of Accounting and Finance at the University of
Massachusetts, Boston. He has written four books (Wiley) and has published articles in …