Policies instituted during the 2008 financial crisis may have averted total disaster, but many of these can also make matters worse if left in place. For example, the forced merging of banks now makes the "too big to fail" problem all the more vexing. The structural, regulatory, and institutional reforms needed to address such problems globally will be the subject of a book project led by Adam Posen, a Senior Fellow at the Peter G. Peterson Institute of International Economics. Those who have begun trying to imagine new structures for the banking and financial sector are, according to Posen, often hobbled by unproven myths about regulation, industrial organization, disclosure requirements, and the incentive systems for banks and bankers. Adam Posen is working on how to indentify, justify, and coordinate the implementation of new financial structures going forward, and funds from this grant provide necessary support for this ongoing work.