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  • The Bankers' New Clothesby Anat Admati; Martin Hellwig

    Princeton University Press 2014; US$ 18.95

    The past few years have shown that risks in banking can impose significant costs on the economy. Many claim, however, that a safer banking system would require sacrificing lending and economic growth. The Bankers? New Clothes examines this claim and the narratives used by bankers, politicians, and regulators to rationalize the lack of reform, exposing... more...

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