ARNOLD KLING
August 14, 2011
The Top Political Contributors
August 11, 2011
Gender and the New Commanding Heights
August 11, 2011
Jamie Galbraith Makes an Assumption
August 11, 2011
Macroeconometrics: The Science of Hubris
August 10, 2011
Real and Nominal Bond Yields
BRYAN CAPLAN
August 14, 2011
The Effect of Thumb Sucking on Income
August 12, 2011
The Voice of Cold, Hard Truth to All Would-Be Educators
August 12, 2011
Ability, Morality, and Prosperity: A Paper and a Report
August 11, 2011
The Theory of Time and Frittering
August 10, 2011
Male Variance and the Remnants of the Gender Gap
DAVID HENDERSON
August 9, 2011
Hayek in "Unbroken", Part Two
August 8, 2011
Hayek in "Unbroken"
August 5, 2011
James Bovard on the Peace Corps
August 4, 2011
Summers Way Off on FDR and 1941
August 3, 2011
The "Amazon" Tax
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"To expand free enterprise, shrink the banks." It would be better to arrange things so that the failure of even a large bank would not threaten the overall financial system. This would probably require an end to deposit insurance, as well as readiness and willingness for aggressive monetary policy.
If everyone were to move their money from the big banks to the small banks, the big banks would shrink. Because of FDIC insurance, this would not be a risky move.
Richard, "everyone" would have to include large institutions, who might have to forego higher returns
Mr. Kling,
Perhaps it is a better argument "To shrink the banks, expand free enterprise"?