This chapter from The Death of Capital is a call for change that discusses projects and initiatives to rejuvenate the economy and provide a basis for sustained growth. We have developed a regulatory system that does exactly the opposite of what it should be doing-favors speculation over production; obscurity over transparency. This chapter addreses hot-button topics including:
How to Improve Capital Adequacy
Executive Compensation Reform
Modern Monetary Policy and Regulation
Enhancing Financial Transparency
Solutions for Credit Default Swaps, Derivative, and Structured Investment Vehicles
About the Author
Michael E. Lewitt is the President of Harch Capital Management, LLC and editor of the HCM Market Letter. He studied at Brown University, Yale University, and New York University School of Law. His writing has appeared in the New York Times, the New Republic, Trusts & Estates, and the Spanish newspaper El Mundo.
