• Howell Jackson


2022, Paper: "Last year, in the midst of the COVID-19 pandemic, Steven Schwarcz and I pulled together our preliminary thoughts on the implications of the unfolding health care crisis on the stability of the financial system and how the systemic risks of the pandemic differed from those created by the global financial crisis of 2008.1 One of Professor Schwarcz’s many contributions to that essay was the concept of macromedical regulation and the suggestion that public health officials might learn from the experience of financial regulators in developing a system of macroprudential regulation in the Dodd-Frank Act and other reforms undertaken in the aftermath of the 2008 crisis.2 The discussion on macromedical regulation in our paper was limited to a few short, but suggestive paragraphs, and I am delighted that Professor Schwarcz has now joined forces with Professor Barak Richman to give the idea the more in-depth treatment that it warrants."

Non-HKS Harvard Author Website - Howell Jackson