Creative rethinking is going to be needed not only in rebuilding the financial and regulatory system but in planning for the recovery of the battered New York City, state and regional economies, hard hit by the crisis. As the New York Observer notes, the Manhattan Institute -- sponsor of this website and home of such sharp-eyed observers of political economy as E.J. McMahon, Nicole Gelinas, and Steve Malanga -- is likely to be at the forefront of idea-work in that task. More: Jane Genova.