Calomiris speaks at RSA
February 27, 2014
Charles W. Calomiris, Henry Kaufman Professor of Financial Institutions at Columbia Business School, visits the RSA to reveal the extent to which politics influences a country’s banking system. He argues that chronic banking crises are not accidents due to unforeseen circumstances, but rather, are the result of complex bargains made between politicians, bankers and other interest groups. And, in fact, financial institutions are often made fragile by design.