Breaking up is Hard to do but necessary??? Break Up the Banks, Arnold Kling | EconLog | Library of Economics and Liberty


What we need is:

a simple rule that makes possible free market competition without the distorting effect of implicit government subsidies: “Our proposed approach does not require any restrictions on activities of banks or on the location of those activities of any kind. Our only restriction is on the size of financial institutions.”

 

Break Up the Banks, Arnold Kling | EconLog | Library of Economics and Liberty.

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