Looking back over some of my most popular blogs, I think this is worth a read.
Tags » Central Banks
Why the Federal Reserve Failed to See the Financial Crisis of 2008: The Role of “Macroeconomics” as a Sensemaking and Cultural Frame
In this very interesting and enlightening paper by Neil Fligstein, Jonah Stuart Brundage & Michael Schultz (University of California, Berkeley), they tackle one of the puzzles about the crisis of 2008: why the regulators were so slow to recognize the impending collapse of the financial system. 303 more words
Do High European Tax Rates Create Low Capital Formation and Spawn High Borrowing Rates?
Finland and Government Payments? by Thomas M. Cole JD
As our tour guide explained, in Finland no one has to worry about school, books or pencils until collage. 1,133 more words
On September 12, 2008, the Bank of England, had total assets worth £83.8 billion on its books. In the six years since then, the total assets of the British central bank have gone up by a whopping 385.6% to £ 404.3 billion, as on September 17, 2014. 1,423 more words
The world’s central banks have unquestionably had increased influence on their own economies and markets in recent years due to their unprecedented activism. However, the widespread nature of such activism has caused nations’ central banks to have increased influence on… 96 more words