Tuesday, 22 July 2014

Financial Regulation

The Only Financial Regulation You’ll Ever Need

Posted by Tyler Watts
March 28, 2011

Financial industry regulation has been a hot topic in the wake of the Panic of 2008 and ensuing recession. Many pundits blamed the crisis on a vaguely-defined concept of “deregulation.” Over the years, they argue, governmental oversight of financial institutions was reduced, allowing banks—especially large ones—to build up too much risk. This allows bankers’ greed […]

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“Why Financial Regulation is Doomed to Fail” – Econlog

Posted by Tom Duncan
March 16, 2011

“Financial regulation may be the cleanest test of regulation in general, in the sense that if regulation works anywhere, it should work in the financial sector. Here, regulatory transparency is high: Banks report vast quantities of data to regulators, and regulators are easily able to check and audit the numbers. Regulatory compliance is even higher; […]

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Housing America: Building Out of a Crisis

Posted by Tom Duncan
February 23, 2011

“About seventy percent of American households own their own homes, and for many their homes represent the majority of their net worth. As evident by the cascading mortgage market meltdown and widespread defaults and financial bankruptcies, housing policy not only affects the quality of community life but also has a direct impact on their economic […]

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“More Than Just Greed” – Miron

Posted by Tom Duncan
February 17, 2011

“In asking whether the recent financial crisis could have been avoided, the crucial fact is that crises of various flavors have occurred for centuries in countries around the world. Thus, any explanation based mainly on recent factors — subprime lending, derivatives trading, or financial deregulation — cannot be the whole story. A full account must […]

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“Can Government Manage the Economy?” – James Payne

Posted by Tom Duncan
February 1, 2011

“For 98 years the federal government has been attempting to prevent asset bubbles, recessions, and spasms of unemployment. In 1913, Woodrow Wilson created the Federal Reserve System, telling the country that this new institution would be “a safeguard against business depressions.” In 1929, with the Fed in operation for 15 years, the United States plunged […]

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“John Taylor: The Republicans’ Shadow Fed Chairman”

Posted by Tom Duncan
January 21, 2011

“Taylor’s followers include the new GOP House leadership, the chairmen of key House committees, Presidential hopefuls, conservative thinkers, and others suspicious of Federal Reserve Chairman Ben Bernanke’s stimulative monetary policy and perceived alliances with Obama Administration officials. His Economics One blog is a must-read for Republicans seeking an alternative economic blueprint—and for Democrats hoping to […]

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“Near-Zero Short-Term Interest Rates May Go Lower Under FDIC Rule”

Posted by Tom Duncan
January 7, 2011

“A planned change in deposit insurance fees for U.S. banks may lower already near-zero short-term interest rates, according to strategists at Barclays Plc, Bank of America Merrill Lynch and the Royal Bank of Canada. The Federal Deposit Insurance Corp. proposed broadening the base for deposit insurance fees to banks’ liabilities, rather than domestic deposits. The […]

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“Regulators Must Get Rules of the Road Right”

Posted by Tom Duncan
October 28, 2010

“Americans rely on financial services to help meet their needs: for retirement, education, homeownership and indeed every aspect of their lives…  Will the new rules ensure that the costs of credit remain accessible for businesses and individuals to meet their financing needs? What is the impact of the final rules on companies’ competitiveness when they […]

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