Causes of Financial Crisis

Crotty, James, "Structural Causes of the Global Financial Crisis: A Critical Assessment of the 'New Financial Architecture'," Cambridge Journal of Economics (July, 2009).

Ferguson, Thomas and Robert Johnson, "Too Big to Bail: The 'Paulson Put,' Presidential Politics, and the Global Financial Meltdown," International Journal of Political Economy (Spring, 2009).

Ferguson, Thomas and Robert Johnson, "Too Big to Bail: The 'Paulson Put,' Presidential Politics, and the Global Financial Meltdown Part II: Fatal Reversal—Single Payer and Back," International Journal of Political Economy (Summer, 2009).

Nersisyan, Yeva and L. Randall Wray, "The Global Financial Crisis and the Shift to Shadow Banking," Levy Economics Institute and the University of Missouri-Kansas City (February, 2010).

Palley, Thomas I., "America's Exhausted Paradigm: Macroeconomic Causes of the Financial Crisis and Great Recession," New American Contract (June, 2009).

Silvers, Damon A., "How a Low Wage Economy with Weak Labor Laws Brought Us the Mortgage Credit Crisis" (April 2, 2008).

Silvers, Damon A., "How We Got Into This Mess," The American Prospect (May, 2008).

Taub, Jennifer S., "Enablers of Exuberance: Legal Acts and Omissions that Facilitated the Global Financial Crisis" (September, 2009).

Overview of Financial Regulation: Critiques and Proposals

Black, William K., "Reexamining the Law-and-Economics Theory of Corporate Governance," Challenge (March/April, 2003).

Black, William K., "When Fragile becomes Friable: Endemic Control Fraud as a Cause of Economic Stagnation and Collapse" (December, 2005).

Black, William K., "Adam Smith Was Right about Corporate CEOs' Incentives absent Effective Regulation," Cato Unbound (December 4, 2008)

Congressional Oversight Panel, "Special Report on Regulatory Reform-Modernizing the American Financial Regulatory System: Recommendations for Improving Oversight, Protecting Consumers, and Ensuring Stability" (January, 2009).

Crotty, James and Gerald Epstein, "Avoiding Another Meltdown," Challenge (January/February, 2009).

D'Arista, Jane, "Rebuilding the Framework for Financial Regulation," Economic Policy Institute (May 2009).

Economist's Statement, "A Progressive Program for Economic Recovery & Financial Reconstruction."

Galbraith, James K., "Financial and Monetary Issues as the Crisis Unfolds," (July 31, 2009).

Kuttner, Robert, "Financial Regulation After the Fall,"  Dēmos (2009).

Pollin, Robert, "Tools for a New Economy: Proposals for a Financial Regulatory System," Boston Review (January/February 2009).

Silvers, Damon and Heather Slavkin, "The Legacy of Deregulation and the Financial Crisis- Linkages between Deregulation in the Labor Markets, Housing Finance Markets, and the Broader Financial Markets," Journal of Business & Technology Law (2009).

United Nations Commission of Experts, " Report of the Commission of Experts of the President of the United Nations General Assembly on Reforms of the International Monetary and Financial System"  (June, 2009).

U.S. Department of the Treasury, "Financial Regulatory Reform-A New Foundation: Rebuilding Financial Supervision and Regulation" (2009).

Willoughby, Jack, "The Lessons of the Savings-and-Loan Crisis: An Interview with William Black", Barrons (April 13, 2009).

Reforming the Federal Reserve

Epstein, Gerald, "Financialization and Federal Reserve Policy in the Crisis: Central Bank Accountability for Financial Stability and Economic Reconstruction" (May, 2009).

Greider, William, “Dismantling the Temple,” The Nation (July 15, 2009).

Rude, Christopher. "The World Economic Crisis and the Federal Reserve’s Response to It: August 2007-December 2008." Forthcoming in Studies in Political Economy.

Financial Crisis Inquiry Commission: Questions and Answers for the Commission

Financial Crisis Inquiry Commission

Reforming Banker Pay

Crotty, James, "The Bonus-Driven 'Rainmaker' Financial Firm: How These Firms Enrich Top Employees, Destroy Shareholder Value and Create Systemic Financial Instability " (October, 2009).

Leverage, Trading and Funding Activities

Pollin, Robert, Dean Baker and Marc Schaberg, "Securities Transaction Taxes For U.S. Financial Markets," Political Economy Research Institute (October 2002).

What to Do About "Too Big To Fail" and Bailout/Restructuring Mechanisms

Black, William K. Memo on the Prompt Corrective Action law (September 10, 2009).

Credit Rating Agencies

Diomande, Ahmed M., James Heintz and Robert Pollin, "Why U.S. Financial Markets Need a Public Credit Ratings Agency," Wall Street Watch (August, 2009).

Financial Concentration and Structure: Institutions, Assets, Counterparties and Reviving Glass-Steagall

D'Arista, Jane, "Financial Concentration," Wall Street Watch (August, 2009).

Derivatives and Financial "Innovation": Regulation and Authorization

Crotty, James and Gerald Epstein, "A Financial Precautionary Principle: New Rules for Financial Product Safety," Wall Street Watch (July, 2009).

International Financial Regulation

Griffith-Jones, Stephany, "Proposals for Regulatory Reform," Hewlett ID Policy Brief for UN Commission on Financial Crisis and Policy Response (2009).

Guttman, Robert, "Asset Bubbles, Debt Deflation, and Global Imbalances," International Journal of Political Economy (Summer, 2009).

Guttman, Robert and Dominique Plihon, "Consumer Debt and Financial Fragility," International Review of Applied Economics (Winter,  2009).

Rude, Christopher and Sara Burke, " Towards A Socially Responsible and Democratic Global Economic System: Transparency, Accountability and Governance," Friedrich Ebert Siftung Briefing Paper15 (November 2009)

Consumer Protection

Americans for Fairness in Lending website

Keest, Kathleen E, Testimony, "Regulatory Restructuring: Enhancing Consumer Financial Products Regulation,"  Center for Responsible Lending (June 24, 2009).

Keest, Kathleen E.,  "The Way Ahead: A Framework for Policy Responses," Center for Responsible Lending (December, 2008).

Schloemer, Ellen, Wei  Li, Keith  Ernst, and Kathleen  Keest,  "Losing Ground: Foreclosures in the Subprime Market and Their Cost to Homeowners," Center for Responsible Lending (December, 2006).

Housing Provision and the Government Sponsored Agencies

Americans for Fairness in Lending website

Using Public Investments for Public Purposes

Moseley, Fred, "The U.S. Economic Crisis: Causes and Solutions" (2009).