Selected in the top 100 Economics Sites

Follow me on Twitter

Tuesday, January 22, 2013

When the next crisis comes, you'll hear lamentations for the 1930s all over again.



Saying the repeal of Glass-Steagal caused the financial crisis of 2008 is a dead ringer showing a lack of depth of understanding.


http://dealbook.nytimes.com/2012/05/21/reinstating-an-old-rule-is-not-a-cure-for-crisis/

No comments: