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Daily Archives: May 11, 2018
Better Markets: Where are the adults in Finance?
Important article from Better Markets this week, see: With Red Lights Flashing Danger, Where Are the Adults in Finance? “It seems almost everyone in finance is cheering on the deregulation frenzy in Washington and the demise of consumer protection and … Continue reading
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Maximizing shareholder welfare is more than market value
Incentives that goose short term profits at the expense of longer term viability are misguided and counter-productive. Policy changes are needed to shift the focus from short term financial gimmicks to longer term investment and innovation. Oliver Hart is a … Continue reading
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