New ‘Bank Tax’ Proposal Is More Destructive Populism

American Banker
by Louise Bennetts
February 26, 2014

In their new book on the history of banking, “Fragile by Design,” academics Charles Calomiris and Stephen Haber make the compelling argument that a country’s propensity for frequent banking crises is linked to the ability of populist elements to hold the banking sector to ransom.

» See full article American Banker, February 26, 2014.