Glass-Steagall: A Requiem
讨论了货币效率与安全,以及1933年格拉斯-斯蒂格尔法案对两者的影响,并推测该法案的修订版能否推迟或防止2008年危机。
This paper is a discussion of monetary efficiency, monetary safety, and the relation of the 1933 Glass-Steagall Act to both. It contains speculation about whether a modified version of the Act could have postponed or prevented the crisis of 2008.