Verdict on the Crash: Causes and Policy Implications

Verdict on the Crash: Causes and Policy Implications
by Philip Booth, at al.

Publisher: Institute of Economic Affairs 2009
ISBN/ASIN: 0255366353
ISBN-13: 9780255366359
Number of pages: 104

Description:
This book challenges the myth that the recent banking crisis was caused by insufficient statutory regulation of financial markets. Though it finds that statutory regulation failed, and that market participants took more risks than they should have done, it appears that statutory regulation made matters worse rather than better.