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Challenging the belief that the banking crisis stemmed from inadequate regulation, this book argues that regulatory measures may have worsened the situation. The contributors, noted experts in finance, reveal that both statutory regulation and government policies failed, exacerbating risks and fostering an asset bubble through loose monetary policy. They advocate for targeted, non-intrusive regulatory tools to address specific banking weaknesses, making this work crucial for understanding the implications of recent financial events.

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IEA Hobart - 37: Verdict on the Crash, Michael Beenstock, John Greenwood, David T. Llewellyn, Philip Booth, Alan D. Morrison, D. R. Myddelton, Geoffrey Wood, Anna J. Schwartz, Tim Congdon, Kevin Dowd, James Alexander, Laurence S. Copeland, Samuel Gregg, Eamonn Butler, John Kay

Język
Rok wydania
2009
Oprawa
(miękka)
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4,0
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28 Ocena

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Tytuł
IEA Hobart - 37: Verdict on the Crash
Język
angielski
Oprawa
miękka
ISBN10
0255366353
ISBN13
9780255366359
Seria
Ocena
4 z 5
Opis
Challenging the belief that the banking crisis stemmed from inadequate regulation, this book argues that regulatory measures may have worsened the situation. The contributors, noted experts in finance, reveal that both statutory regulation and government policies failed, exacerbating risks and fostering an asset bubble through loose monetary policy. They advocate for targeted, non-intrusive regulatory tools to address specific banking weaknesses, making this work crucial for understanding the implications of recent financial events.