The Hoover Institution and the Brookings Institution cordially invite you to a discussion of the newly released book Across the Great Divide: New Perspectives on the Financial Crisis.

Moderated by

Alan Murray
Editor, Fortune Magazine

PANELISTS AND EDITORS

John B. Taylor
Tthe George P. Shultz Senior Fellow in Economics at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University

Martin Neil Baily
The Bernard L. Schwartz Chair in Economic Policy Development and Senior Fellow and Director of the Business and Public Policy Initiative at the Brookings Institution

ABOUT THE BOOK

Five Years After the Financial Crisis of 2008: Where Do We Stand?

The financial crisis of 2008 devastated the American economy and caused U.S. policymakers to rethink their approaches to major financial crises. More than five years have passed since the collapse of Lehman Brothers, but questions still persist about the best ways to avoid and respond to future financial crises. In Across the Great Divide, contributors  from academia, industry, and government analyze the financial crisis of 2008: its causes, effects on the U.S. economy, and the way ahead.

The expert contributors consider post-crisis regulatory policy reforms and emerging financial and economic trends, including the roles played by highly accommodative monetary policy, securitization run amok, government-sponsored enterprises (GSEs), large asset bubbles, excessive leverage, and the Federal funds rate, among other potential causes. They discuss the role played by the Federal Reserve and examine the concept of “too big to fail.” And they review and assess resolution frameworks, considering experiences with Lehman Bros. and other firms in the crisis, Title II of the Dodd-Frank Act, and the Chapter 14 bankruptcy code proposal.

Upcoming Events

Friday, December 8, 2023 12:00 PM PT
Industrial Policy Uncertainty in China
The Hoover Project on China’s Global Sharp Power invites you to: Industrial Policy Uncertainty in China on Friday, December 8, 2023 at 12:00 pm PT. Hoover Institution, Stanford University
Wednesday, December 13, 2023
How Big Is the Media Multiplier? Evidence from Dyadic News Data? | A Workshop Series On Using Text As Data In Policy Analysis
Our 21st meeting features a conversation with Thiemo Fetzer on How Big Is the Media Multiplier? Evidence from Dyadic News Data? on Wednesday,… Hoover Institution, Stanford University
Thursday, December 14, 2023
MilitaryGettyImages-157602568.jpg
How Veterans Continue Public Service in the Civilian Sector
A Post-9/11 Veteran Town Hall Discussion with local veterans Cathy Cohn, Mikhail Venikov and Veteran Fellowship Program Fellows Michael Wendler and… Elks Lodge, San Mateo, CA
overlay image