Corralling the Info-Monopolists (Project Syndicate Op-ed)
I am viscerally skeptical about expanding state power but recognize that technological advances do often require new rules: Automobiles required
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Formulaic Transparency: The Hidden Enabler of Exceptional US Securitization (New article in JACF)
This article in many ways, is the “debt” counterpart to my 1993 Journal of Financial Economics piece and offers an
Read MoreEquifax Critics Are Missing the Bigger Point (Wall Street Journal op-ed)
Fair-lending laws turned consumers into anonymous credit scores—and a target for identity thieves. (Appeared in the September 14, 2017, print
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