| Economic trends | Political economy | Regulation | Business & society Business strategy | Firms industries & markets | Economics in Action |
|
| about john | newsroom | books | essays | latest articles | |
| home / regulation | |
|
More regulation will not prevent next crisis (Financial Times 26 March 2008) Regulation in a market economy is targeted at specific market failures and should not be a charter for the general scrutiny of business strategies of private business. How to safeguard savers in a banking crisis (Financial Times 12 December 2007) The Northern Rock debacle could, and should, have been avoided through the deposit protection and special administration mechanisms that are found in most other countries. Tough love is the best regime for failed banks (Financial Times 26 September 2007) The notion that private companies can extract indiscriminate, industry- wide support from the public for the benefit of their investors by threatening that their weaker members will collapse is intolerable in any sector. Helping savers and attending to credit risk (Financial Times 19 September 2007) The public interest does not require taxpayer support of financial institutions: indeed it requires that some of them make substantial losses in this crisis. Only then will credit risk begin to be priced appropriately and lenders do their diligence. BoE should not do City’s bidding (Financial Times 12 September 2007) Financial market liberalisation cannot be undertaken on only one side of the balance sheet. If there is freedom to lend, then there must be freedom to lose money on lending. Read more articles from 'Regulation' ... ^ back to top |
||
feed info... © John Kay 2008 |