About This Event
Since the passage of the Dodd-Frank Act in 2010, US economic growth has slowed. When the Volcker Rule is finalized, state and local governments will experience increased borrowing costs. The largest financial institutions will dominate the market, with funding advantages over their smaller rivals. The adverse effects of Dodd-Frank will seriously outweigh its benefits. Why did a law with these deficiencies pass in Congress?
Peter Wallison’s new book “Bad History, Worse Policy: How a False Narrative about the Financial Crisis Led to the Dodd-Frank Act,” (AEI Press, January 2013) provides the answer: the act was based on a false narrative about the causes of the financial crisis. This book release event will examine how a mistaken view of an event leads to bad policy decisions.
Copies of Wallison’s new book will be available at the event.
If you are unable to attend, we welcome you to watch the event live on this page. Full video will be posted within 24 hours.
Registration and Buffet Lunch
Peter J. Wallison, AEI
Wayne Abernathy, American Bankers Association
John Allison, Cato Institute
Hester Peirce, Mercatus Center at George Mason University
Alex Pollock, AEI
Coffee Reception and Book Signing