Monday, February 16, 2009

NYU Stern's fiscal stimulus plan

Restoring Financial Stability is the project which consumers can buy for $49.95. As part of the fiscal stimulus plan, all Wall Street executives should be required to spend 50 percent of their net wealth on this book and distribute it to the public for free.

Interestingly, two other reports: The Fundamental Principles of Financial Regulation by Brunnermeier, Markus, Andrew Crocket, Charles Goodhart, Avinash Persaud, and Hyun Shin and G30 Report (chaired by Pul Volcker) are free (for now) and thus does not provide any fiscal stimulus.

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