Fragile by Design: A Free Banker's Perspective
My review essay, forthcoming in International Finance, on Charles Calomiris and Stephen Haber's very important book.
My review essay, forthcoming in International Finance, on Charles Calomiris and Stephen Haber's very important book.
I've been busy lately preparing a long-delayed review essay on Charles Calomiris' and Stephen Haber's Fragile by Design. Although, having argued the same point for many years now, I was bound to approve of that book's thesis to the effect that banking systems, rather than being inherently…