Tagging the Taxpayer
wsj.com
Quoting from this article, “The best institutions are the losers when government expands deposit insurance. Their natural advantage in attracting business over poorly run banks is lost when the government puts a uniform safety net under everybody. Taxpayer support should not be the gift that keeps on giving.”
Published by Jim Garven
My name is Jim Garven. I currently hold appointments at Baylor University as the Frank S. Groner Memorial Chair of Finance and Professor of Finance & Insurance. I also currently serve as an associate editor for Geneva Risk and Insurance Review.
At Baylor, I teach courses in managerial economics, risk management, and financial engineering, and my research interests are in corporate risk management, insurance economics, and option pricing theory and applications.
Please email your comments about this weblog to James_Garven@baylor.edu.
View all posts by Jim Garven