Streamlining Systems
Steven and Russ discuss the potential benefits of simplifying mechanisms in creating a streamlined system, while also examining the shortcomings of regulatory measures like Dodd Frank in addressing underlying problems in the fiscal system.In this clip
From this podcast

EconTalk
Steven Teles on Kludgeocracy
Related Questions
What role did regulation play in the financial crisis of 2008?
What role did regulation play in the financial crisis of 2008 as discussed in the episode Arnold Kling on Credit Default Swaps, Counterparty Risk, and the Political Economy of Financial Regulation and the clip Greenspan's Worldview, as well as in the episode Russ Roberts on the Crisis and the clip The Collapse's Underlying Causes?
What role did regulation play in the financial crisis of 2008 as discussed in the episode Arnold Kling on Credit Default Swaps, Counterparty Risk, and the Political Economy of Financial Regulation and the clip Greenspan's Worldview, as well as in the episode Russ Roberts on the Crisis and the clip The Collapse's Underlying Causes?