http://www.theatlantic.com/business/archive/2012/07/lie-bor-is-an-existential-crisis-for-the-big-banks/259384/#.T_PMJVtet7o.facebook
In the current mishmash of fox watching the hen house crony capitalism, the incentive to mess around with banks and rates and such is far greater than the political class would need in order to avoid being influenced by the bad incentives. If folks are insulated from consequences by government intervention, of course there will be mal-incentives.
In the current mishmash of fox watching the hen house crony capitalism, the incentive to mess around with banks and rates and such is far greater than the political class would need in order to avoid being influenced by the bad incentives. If folks are insulated from consequences by government intervention, of course there will be mal-incentives.
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