Eric Crampton
22 April 2013
New Zealand introduced deposit insurance in 2008, during the recent financial crisis. In the middle of an election campaign, and terrified that the failure of some finance companies could lead to...
Philip Booth
10 April 2013
There is a myth gaining traction that Margaret Thatcher’s deregulation of the City through the Big Bang in 1986 ultimately led to the crash of 2008. This is part of the reductionist...
Stephen Davies
2 April 2013
Given recent events and the continuing travails of the world economy, widely seen as having their origins in the financial sector and the troubles of the banks in many parts of the world, it is not...
G. R. Steele
25 March 2013
In March 2009 an EU directive increased the value of the protection afforded by a deposit guarantee scheme (DGS) to a uniform ceiling of €100,000. Events involving Cyprus have undermined the...
Philip Booth
26 October 2011
Since fox-hunting became illegal, banker bashing has become a new blood sport. Not only is the typical banker portrayed as being greedy, much of what he produces is said to be ‘socially...