Michael Giberson
At Marginal Revolution, Tyler Cower links to a year-old paper asking and trying to answer the question: Should hedge funds be regulated? [PDF] Generally the authors dismiss consumer protection reasons for hedge fund regulation, but do express some concern over systemic risk. (Systematic risk explained via Wikipedia; here is an NBER paper saying systemic risk is on the rise and hedge funds are involved.)
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Your blog is very interesting…thanks for writing on this topic. I learned a little something today.