Financial Stability At Any Price May Be Too Expensive

February 11, 2014

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Written By Dodge, David

Policymakers are focused on financial stability at expense of effectiveness and costs. Since the financial crisis of 2007-2008, almost all of the attention to the financial sector has been aimed at answering the question: “How do we make the financial sector more stable?” or less productively but unfortunately more politically salient: “How do we avoid government bailouts of banks?” Written by David Dodge.

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