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Saving banks requires partial nationalisation
Hans-Werner Sinn , 4 April 2009 Banks’ balance sheets need to be fixed, but they cannot be allowed to shrink themselves back to health – instead of accepting government money – because that would severely harm the economy. This column proposes that any bank that cannot privately find at least ...
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links for 2009-04-04
Economist's View — Bank Plan Is a Good Start - WSJ.com Abandoning the pillars of sound policy - Ed Glaeser - The Boston Globe Fed Chief ‘Uncomfortable’ With Bailouts - NYTimes.com Saving banks requires partial nationalisation - voxeu.org Officials Aim to Help Firms Avoid Bailout Restrictions - washingtonpost.com Discussion of Keynesian Multipliers - CESifo Economic Studies

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