In the fall of 2008, fifteen of the world's leading economists gathered at New Hampshire's Squam Lake to map out a long-term plan for financial regulation reform. The Squam Lake Report distills the wealth of insights from the ongoing collaboration that began at these meetings and provides a revelatory, unified, and coherent voice for fixing our troubled and damaged financial markets. It contains urgent recommendations that will positively influence everyone's financial well-being.
Praise for The Squam Lake Report
"The Squam Lake Report makes an important contribution to the debate on financial regulation, highlighting many interesting and innovative ideas that should be considered by all those studying how a future crisis can be avoided."
― Mervyn King, Governor of the Bank of England
"The Squam Lake Report is an excellent primer on the workings and failures of today's sophisticated financial system. Few can fail to be impressed with the scholarship the Report brings to the subject of reform."