Waldman is known for his criticism of financial regulation: James Kwak quotes "An enduring truth about financial regulation is this: Given the discretion to do so, financial regulators will always do the wrong thing." Paul Krugman of the New York Times often cites Waldman; he talks about him 'going medieval' on Ezra Klein, and another time: "we are indeed, as Steve Randy Waldman says, all dorks".
