Mike Jakeman
We … tend to regulate to prevent a repeat of the previous crisis rather than look in an unbiased manner at points of future vulnerability.
Content: Quotation | Author: Mike Jakeman | Source: strategy+business | Subjects: Economics, Risk Management
Mike Jakeman
For the economy to grow, we need banks to accept the risk of lending, but we also need them to take the right amount of risk. Too little, and no one can borrow. Too much, and the system blows up. The rub: figuring out what that right amount is. Doing so has proven extremely difficult, even as the increasingly necessary role that banks perform has … [ Read more ]
Content: Quotation | Author: Mike Jakeman | Source: strategy+business | Subject: Economics
The Upside of Slow Growth
In the new book Fully Grown, economist Dietrich Vollrath argues that the recent spell of moderate growth in the U.S. is a sign of success.
Content: Article | Authors: Dietrich Vollrath, Mike Jakeman | Source: strategy+business | Subject: Economics