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Market-Based Banking as the Worst of All Worlds: Illustrations from the United States and United Kingdom

Iain Hardie and Sylvia Maxfield

in Market-Based Banking and the International Financial Crisis

Published in print:
2013
Published Online:
September 2013
ISBN:
9780199662289
eISBN:
9780191749209
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199662289.003.0003
Subject:
Economics and Finance, Financial Economics, Macro- and Monetary Economics

This chapter considers market-based banking in the United States and United Kingdom, the two archetypal liberal market economies. We demonstrate both the extent of recent change in the two systems, ... More


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