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Saturday, June 22, 2024
HomePosts Tagged "Banking" (Page 4)

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AEI’s latest Public Opinion Study, now available as an ebook! “Five Years After the Crash: What Americans Think about Wall Street, Banks, Business, and Free Enterprise” examines public opinion in the immediate aftermath of the 2008 crash and in the years since.

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Ed Pinto of AEI, appeared on Fox & Friends on June 19 to discuss the future of Fannie and Freddie post housing crisis, if we can accurately classify our economy as such, and warns of the looming housing crisis as a result of policy from the Federal Housing Authority.

Advocates of central bank reform must examine why central banks emerged and what forces sustain them. They did not arise in an institutional vacuum, and will not be reformed in an institutional vacuum. The historical origins of central banks explain how they came into existence. The forces sustaining and feeding their growth may differ from those explaining their origin.

Plans to abolish central banks constitute an extreme reform. It is doubtful that such plans can succeed without broader institutional change, occurring either first or simultaneously. That is likely true regardless of the strength of evidence on central bank performance. I examine these issues in what follows.

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