"In the last several years, economists have produced numoerous studies examining both the theoretical operations and historical manifestations of unregulated banking systems. Recent examples of historical investigations are the studies by L.
Wednesday, March 17th, 2010
Monday, March 15th, 2010
"Mr. Dodd's bill would allow the Fed to examine any bank-holding company with more than $50 billion in assets, and large financial companies that aren't banks could be lassoed into the Fed's supervisory orbit. This came after Treasury officials pushed Mr.
Friday, March 12th, 2010
Recent developments have clearly demonstrated that "there is no such thing as a Keynesian free lunch." The grim story of fiscal crises afflicting major economies is something that should not be taken lightly. It could happen sooner than most people think if the governments of the US and other debt-ridden countries don't get their fiscal houses in order.
Wednesday, March 10th, 2010
"Let me say first that I believe in the benefits conferred by the free market as strongly as anybody in this country: nobody, anywhere, has yet devised a way of organising economic activity which comes close to the free market as a way of efficiently producing the goods and services which people wan
Tuesday, March 2nd, 2010
"By Shih’s count, China’s debt may reach 39.838 trillion yuan ($5.8 trillion) next year. His forecast for debt-to-GDP compares with an International Monetary Fund estimate for China of 22 percent this year, which excludes local-government liabilities. The IMF sees Spain at 69.6 percent, the U.S.
Wednesday, February 24th, 2010
"Fitch Ratings, citing concerns about Greek banks' funding costs and profitability, downgraded the country's four major banks to triple-B, or two notches above "junk" status. Fitch characterized its outlook for Greek banks as 'negative'...
Wednesday, February 17th, 2010
"Reserve Bank of India (RBI) Governor D Subbarao expressed is fears that the stimulus packages rolled out by central banks and governments to resolve the global financial meltdown, could lead to another financial debacle.
Wednesday, November 19th, 2008
Economic Education Bulletin - 12/1960