Posts Tagged ‘financial intermediary’

  • bank..16554_4.9_000012530676XSmall

    Financial Intermediaries: Banking Matters

    Jun 11, 13 • 138 Views • Behavioral Economics, Developing Economies, Economic Growth, Economic History, Economic Thinkers, Financial Markets, Government, Households, International Trade and Finance, Macroeconomic Measurement, Money and Monetary Policy, RegulationNo Comments

    Imagine selling your house without depositing the money in a bank or taking your savings with you wherever you go. In Myanmar (Burma), this seemingly irrational behavior has been logical. In 1987, when Myanmar’s socialist government became concerned...

  • It’s Complicated

    Jan 16, 10 • 137 Views • Thinking EconomicallyNo Comments

    Oversimplification concerns me. Some people are saying we should resuscitate Glass-Steagall. Passed in 1933, the Glass-Steagall Act (Banking Act of 1933) prohibited commercial banks from engaging in investment banking activities and created the FDIC. Also a...