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All items tagged nationalizationOpen Think Tank ArticlesFebruary 9, 2009 | The Return of the N-beastAndré Budick: Thinking the Unthinkable: What if private banks, who have to work to jumpstart the global economy once again, can’t be saved for the time being? What if only the wholesale nationalization of entire national banking systems is the chance for a fresh new start? ... MoreGlobal Must Read ArticlesApril 17, 2009 | US Must Keep Its Reputation for RiskA push for Wall Street banks to be turned into heavily regulated, “talent-deficient” public utilities would see them take fewer investment risks, leading to lower economic growth and higher long-term unemployment. ++ A no-risk system fails to support start-up innovators and small businesses. ++ A push for simplified capital markets ignores the fact that today’s system solved a decade of ... MoreJanuary 23, 2009 | Nationalize the Banks, For GoodIt is a case of too little, too late for British PM Brown’s second banking-bail out. ++ The current halfway measures are a recipe for failure and “risk turning recession into slump.” ++ The solution is clear: nationalize the banks. ++ Calls for nationalization are coming from economist and CEOs alike, yet the Labour legacy leaves ministers allergic to the prospect of ... More |
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