John B. Taylor: “I thought it was actually very helpful in clarifying that nationalization was not as commonly defined--at least not the…”

This notion is absurd. We cannot simply wish our problems away.

The Financial Institution Bankruptcy Act would work better, in my view, as a resolution device than Title II of Dodd-Frank.

The connection between interest and money is a classic one.

The whole idea of bailouts is that people get advantage and that it creates huge risk-taking and huge moral hazard.