Check out this article by Lawrence Summers on financial times. Reading the article it is evident there was a lot of thought that went into it. However, this was a very high level thinking. Every single point mentioned there in seem reasonable but putting these into practice takes a lot more detailing. For instance, the [...]
Posts Tagged ‘Financial Regulation’
Well thought out but a 30000 ft. high view
Posted in Economy, Financial Markets, Legislation, Stockmarket, tagged Financial Regulation, Lawrence Summers on June 1, 2008 | Leave a Comment »
Does Regulation Strangle Innovation?
Posted in Economy, Financial Markets, Investment, Stockmarket, tagged Financial Regulation, The Economist article on April 9, 2008 | Leave a Comment »
Here is The Economist, suggesting that regulation strangles innovation.
The gist of this argument is, periodic financial crisis are a must for continued financial innovation. The alternative is slow growth and slumbering economy. While this argument may be rebutted in multiple ways, for each of the point made in the article, lets first focus on the [...]
