1. Economics and Government Regulations
Mainstream economics show that our era is intensively competitive on a global scale. ... Paul Krugman, an American Economists and professor of Princeton University, insists that the economics of scales between large firms should be saved, as long as those firms are well regulated. ... At first, it was the failing of investment banking activities, followed by "bank runs.... The Emergency Banking Act provides federal loans to banks under treasury supervision. ... The shadow banking system includes financial institutions which have traditional banking functions but operate without governmen...
- Word Count: 2282
- Approx Pages: 9