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UMass Economics

Gerald Epstein on how Dodd-Frank doesn’t address some of the key reforms needed to rein in banks and large financial firms

Gerald A. Epstein, economics and co-director of the Political Economy Research Institute, discusses how rules developed under the Dodd-Frank Wall Street reform law don’t address some of the key reforms sought by those who want to rein in banks and large financial firms. He says the new rules allow already huge banks to stay huge, but may be helpful in pointing out that this is one of the key problems for the industry and the economy. (The Real News Network, 11/10/14)