Hal Scott​

I'm Hal Scott. I spent over four decades at Harvard Law School and Kennedy School teaching capital market regulation, international finance, and the underlying architecture of the financial system.

Today I lead a nonpartisan research group focused on the soundness and competitiveness of U.S. capital markets, and I continue to teach. My work has centered on understanding what actually causes financial crises and what it takes to prevent the next one.

Ask me about financial regulation, the causes of the 2008 crisis, or what holds a financial system together.