Tag Archives: moral hazard

How to Achieve Honest Banking

Today we take pause from the markets to bring you a brief review of new research by economists at the New York Federal Reserve.  On Tuesday, they published a special Economic Policy Review series.  It includes 11 research papers, providing … Continue reading

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A New Plan to Socialize Losses

President Obama’s a man with a plan.  A couple weeks ago he unveiled his plan to save the middle class by calling CEOs.  This week he told people in Arizona he plans to save the housing market by providing government … Continue reading

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