Masters of the Universe, Slaves of the Market

Masters of the Universe, Slaves of the Market

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Stephen Bell and Andrew Hindmoor compare banking systems in the U.S. and UK to those of Canada and Australia and explain why the system imploded in the former but not the latter. Canadian and Australian banks were able to make profits through traditional lending practices, unlike their competition-driven, risk-taking U.S. and UK counterparts.Speech to the Federal Reserve Bank of Chicago, Forty-First Annual Conference on Bank Structure, Chicago, 5 May. Available at ... Available at http://www. europarl /20120208ATT37596/ 20120208 ATT37596EN.pdf. Griffiths ... Leadera#39;s Statement: London Summit, London, 2 April.

Title:Masters of the Universe, Slaves of the Market
Author: Stephen Bell, Andrew Hindmoor
Publisher:Harvard University Press - 2015-03-09

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