The historical response to bank crises has always been more regulation. A pattern emerges that some may find surprising: regulation often contributes to bank in

This book shows how deregulation is transforming the size, structure, and geographic range of U.S. banks, the scope of banking services, and the nature of bank-

The past thirty years have witnessed a transformation of government economic intervention in broad segments of industry throughout the world. Many industries hi

An “intriguing plan” addressing shadow banking, regulation, and the continuing quest for financial stability (Financial Times). Years have passed since the

Is the fall in overall productivity growth in the United States and other developed countries related to the rising share of the service sectors in the economy?