A Defense of Loan Sharking
Sean Gabb of the Libertarian Alliance in the UK has produced
Deposit Insurance Is Not Free
Government-provided deposit insurance is not free. The reason is straightforward: Government-provided deposit insurance in practice differs significantly from that proposed in theory.
Deposit Insurance Is Not Free
Economists are apt to point out there is no such thing as a free lunch: Someone has to pick up the tab.
Making Banks Safer: Can Volcker and Vickers Do it?
This paper assesses proposals to redefine the scope of activities of systemically important financial institutions.
Bankers Address Crisis Prevention, Morgan Reports $2B Trading Loss
Just a few hours after Federal Reserve Chairman Ben Bernanke addressed the Fed’s 48th Annual Conference on Bank Structure and Competition in Chicago, JP Morgan Chase announced it had suf
Another Swipe Fee Battle Unfolding
Another major dispute over interchange fees could take place soon, this one centering on the swipe fee retailers pay on credit card transactions.
Credit Card Debt Increases Significantly
Americans are borrowing and charging much more, according to the latest Federal Reserve G19 report released Jan. 9.
