Courtesy of Barbara C. Matthews It seems somehow ironic and fitting that the economic sector most hostile to centralized governments – cryptocurrency and initial coin offerings (ICOs) – faces renewed regulatory activity despite the UK Brexit and US shutdown chaos. On January 23, the Financial Conduct Authority (FCA) in the United Kingdom issued a new… Read More »
Courtesy of John Linarelli In my recent article, “Debt in Just Societies: A General Framework for Regulating Credit,” published in Regulation and Governance, I address the question of how we regulate access to credit (or debt markets) in a way that addresses inequality concerns. My focus is on inequality as a moral concern. In other… Read More »
Courtesy of James R. Barth and Yanfei Sun [1] “Industrial banks” are financial institutions that are probably a mystery to most Americans. Although they may not be household names, industrial banks (IBs) have existed for more than a century. Indeed, they pre-date the establishment of the Federal Reserve in 1913. Their names are a nod to… Read More »
