MIT Sloan Experts: Is the financial system too complex for the country’s good?

MIT Sloan Experts

Is the financial system too complex for the country’s good?

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Did it all just get too complicated? And if so, how do we deal with it? It’s the economy, but this isn’t stupid. Quite the opposite when two Nobel laureates—Robert Merton, MIT PhD ’70, and Institute Professor Emeritus Robert Solow—argued different approaches to making sure what happened to the U.S. financial markets in 2008 doesn’t happen again.