13 March, 2012

Free the Banks! The Case for Massive Deregulation of the Financial System - Megan McArdle - Business - The Atlantic

Free the Banks! The Case for Massive Deregulation of the Financial System - Megan McArdle - Business - The Atlantic: So, what do we do? I've been thinking about this on and off for about four years, and I finally have an answer that's pretty close to satisfying me. I'd like to submit it to you in the hopes of refining it (or abandoning it).

My blueprint has two basic planks:

A return to the partnership model
Almost complete deregulation of the financial system

I know, I know, but hear me out.