"What the banking system needs is creditors who……" — Tyler Cowen
"What the banking system needs is creditors who monitor risk and cut their exposure when that risk is too high. Unlike regulators, creditors and counterparties know the details of a deal and have their own money on the line."
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Tyler Cowen
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27 Quotes by Tyler Cowen
Tyler Cowen has 27 quotes on this site.
A few more worth reading:
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Food is a product of supply and demand, so try to figure out where the supplies are fresh, the suppliers…
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The lesson about food is that the most predictable and the most orderly outcomes are always not the best. They…
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The right wing will be identified with the monied class, even when the left often has more money. And the…
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Social systems proceed by (usually) covering up the brutalities upon which they are based. The doctor doesn't let you get…
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My view of the internet is that it is way overrated in what it’s done to date but considerably underrated…
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The key questions will be: Are you good at working with intelligent machines or not? Are your skills a complement…
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Unintended Consequences is full of substance, it is one of the must-read books of the year, and once I finish…
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Understanding economics can help you make better decisions and lead a happier life.
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We need to accept the principle that sometimes poor people will die just because they are poor.
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Buying from a local farmer can mean that he makes a two-hour extra truck drive, which can damage the environment…
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For the U.S., I think we should have a carbon tax, for environmental reasons.
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The iPhone is made on a global scale, and it blends computers, the Internet, communications, and artificial intelligence in one…
See all 27 quotes by Tyler Cowen »
More Banking Quotes
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