David A. Moss
There are 7 articles for this faculty member.
Business Summit: The Role of Business Leaders in Sustaining Market Capitalism
| Published: | June 30, 2009 |
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| Feature: | HBS Business Summit |
Business leaders at the HBS Business Summit agreed on the threats to capitalism, but offered different opinions on the way forward.
"Too Big To Fail": Reining In Large Financial Firms
| Published: | June 22, 2009 |
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| Feature: | Research & Ideas |
Four little words have cost U.S. taxpayers dearly in government bailouts of once-mighty Wall Street firms. Congress can put an end to such costly rescues, says HBS professor David A. Moss, and the Federal Reserve could be a super regulator, adds senior lecturer Robert C. Pozen. But will Congress enact the regulatory cure that is required? From the HBS Alumni Bulletin.
An Ounce of Prevention: The Power of Public Risk Management in Stabilizing the Financial System
| Author: | David A. Moss |
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| Published: | May 4, 2009 |
| Paper Release Date: | January 2009 |
| Feature: | Working Papers |
The present financial crisis should remind us that private financial institutions and markets cannot always be counted upon to manage risk optimally on their own. Almost everyone now recognizes that the government has a critical role to play—as the lender, insurer, and spender of last resort—in times of crisis. But effective public risk management is also needed in normal times to protect consumers and investors and to help prevent financial crises from starting in the first place. According to HBS professor David Moss, the biggest threat to our financial system today is posed not by commercial banks (as in 1933), but rather by systemically significant institutions (outside of commercial banking) that have the potential to trigger financial avalanches. The threat posed by these financial institutions is only compounded by the unprecedented federal guarantees introduced in response to the current crisis and the pervasive moral hazard they spawn. Under the system that Moss proposes, no financial institution would be too big to fail.
Podcast: Preventing Future Financial Failures
| Podcast with: | David A. Moss |
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| Published: | February 26, 2009 |
| Feature: | Research & Ideas |
Professor David Moss says we need ongoing federal regulation of the few "systemically significant" institutions whose demise could threaten financial stability.
Published in 2008
Financial Crisis Caution Urged by Faculty Panel
| Q&A with: | Jay Light, Robert C. Merton, David Moss, Nicolas Retsinas, Clayton Rose |
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| Published: | September 29, 2008 |
| Feature: | Views on News |
Dean Jay O. Light and a group of Harvard Business School faculty explored the origins and possible outcomes of the U.S. financial crisis at a recent "Turmoil on the Street" panel.
Does Market Capitalism Have a Future?
| Published: | August 1, 2008 |
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| Feature: | HBS Centennial Colloquia Reports |
Does capitalism have a future? That intriguing topic was the subject of an HBS faculty colloquium led by professor Joe Bower, with fellow faculty members Dutch Leonard, David Moss, and Lynn Pain.
Published in 2002
The Role of Government When All Else Fails
| Q&A with: | David A. Moss |
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| Published: | September 2, 2002 |
| Feature: | Research & Ideas |
A new book by Harvard Business School professor David A. Moss explores government's under-appreciated role as risk manager in everything from disaster relief to Social Security. How did this role evolve into something today that touches on almost every aspect of economic life?
