Homework due on Wednesday, October 12

Homework due on Wednesday, October 12, at 13:00

Please read "The Squam Lake Report: Fixing the Financial System":

http://www.stat.unc.edu/faculty/cji/890-11/SquamLake.pdf

either the whole text or a substantial portion of it. Alternatively, you may listen to an audio version of it

http://www.audible.com/pd/Nonfiction/The-Squam-Lake-Report-Audiobook/B0040MPAQI

which you can get for free with a trial version of an Audible.com subscription. Then pick one or more recommendations from this report and write your opinion on it. Is the recommendation reasonable, or does it have hidden flaws? Is it suitable only for the US, or could other countries benefit from it as well? Are the authors of the Squam Lake Report missing more important economic issues, for example issues playing a large role in other countries? Your text should be about three pages long, but the content is more important than the length itself.

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