Guest post: Want a Flat Tax? I Got a Flat Tax for You
…north of $55 trillion in U.S. financial assets out there (2009, down from $63 trillion in 2007), a Financial Assets Tax would generate more than $550 billion in annual revenue….
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“resurgence of shadow banking?”
…days, outright personal financial gain — for politicians who weaken regulation on financial institutions that may threaten financial stability. Finally, financial players are very good at creating bright, shiny objects…
A study of Financial Repression, part 5… Sneaking into United States policy
…them into a policy of financial repression, even though our form of financial repression is different. Financial repression is a policy that heads in the wrong direction. Financial repression simply…
Trilemmas and Financial Instability
…choose two of the following three financial objectives: national financial regulatory policies, international banking with international regulation, and/or financial stability. For example, financial stability can occur when national financial systems…
Can Systemic Financial Risk Be Contained?
…financial regulations. A new type of regulation—macroprudential—was introduced to minimize systemic financial risk, i.e., the risk associated with the collapse of a financial system (as opposed to the microprudential risk…
Too Big to Fail? Wall Street and Main Street: How Big Are They
…it’s clear that this disparity has grown hugely since the 80s, driven by credit issued by the financial industry, to the financial industry, with the money circulating in the financial…
The Impending Doom, Gloom, and Fiery Crash of Independent Meat Processors
…sold at major retailers today, such as legendary Half of Fame MLB pitcher Nolan Ryan’s private label beef that is carried exclusively at Kroger stores, or at his private label…
How Big Should the Financial Services Industry Be ?
…number of suckers to be fleeced. Here the evidence that changes in the financial services industry were caused by changes in non financial technology is entirely financial. It is not…
A study of Financial Repression, part 3… How does it manifest?
…the extra cost to increase production domestically. The extra demand created among savers opened up markets for imports. The cozy relationship between Labor Share and Financial Repression… Financial repression benefits…
Gap Between Consumer & Financial Service Executive Perceptions
…of consumers and financial service employees, conducted by the global communications company Cohn & Wolfe, shows a big gap between consumer expectations and the behaviors of financial service companies. The…