Regulation and Instability in U.S. Commercial Banking - A History of Crises
The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank instability. It suppresses competition and effective response to market changes and encourages bankers to take on additional risk. This book offers a valuable history lesson for policy makers.
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Tilaa jouluksi viimeistään 27.11.2024