I guess play piano, you know, because that’s the thing I started doing when I was a little kid.
– Harry Connick, Jr.
It is probably the case that some regulation of financing will make crises less likely, and I would say higher capital requirements are an almost fail-safe way to make banks safer. But there are a lot of other things that may not be doing that, and so we need to be careful about sort of, like, rushing to one conclusion or another.
– Greg Ip