With the financial crisis in 2007, which turned into an economic crisis soon afterwards, it was obvious that public law could not prevent the genesis of this crisis, even though it has adequate instruments to make a reoccurrence of such a crisis unlikely. Financial law, tax law, and even aspects of criminal law are designed to regulate the behavior of financial institutions and other corporations. Since public law was unable to avoid the 2007 crisis, there can only be one conclusion: its instruments did not work properly or, worse, were badly designed or applied. Since 2007, a lot has been...