by Henry Oliner | Sep 12, 2018 | Bush, Economics
We will probably be disagreeing on the causes of the 2008 crash for as long as we disagree on the great crash of 1929. From Real Clear Markets, Don’t Be Fooled, There Was Nothing ‘Financial’ About the 2008 Crisis by John Tamny: In a market economy,...
by Henry Oliner | Nov 5, 2015 | Economics
From The Wall Street Journal, Bernanke and the Slow-Growth Crew by Peter Wallison The regulations and restrictions on small banks have most acutely affected small businesses, particularly startups. Though most new employment in the U.S. economy comes from small...
by Henry Oliner | Jul 23, 2015 | Economics
from Phil Gramm in The Wall Street Journal, Dodd-Frank’s Nasty Double Whammy: Over the years the Federal Trade Commission and the courts defined what constituted “unfair and deceptive” financial practices. Dodd-Frank added the word “abusive” without defining it. The...
by Henry Oliner | Oct 7, 2014 | Economics
Richard Kovacevich writes for Cato, The Financial Crisis: Why The Conventional Wisdom is Wrong PDF file
by Henry Oliner | Dec 16, 2012 | Economics
Banks do not survive by loaning money to prevent insolvency; they loan money to provide liquidity. Banks are not loaning money, not because of the lack of liquidity but because there is a lack of prudent loans to make. Small businesses are suffering from an...
