Summary

The rise of huge quasi-banks that are too big to fail caused the financial crisis, according to Ravi Jagannathan and John Boyd, and they propose a cure.

Recommended Citation

Jagannathan, Ravi and Boyd, John (2009) "Avoiding the Next Crisis," The Economists' Voice: Vol. 6 : Iss. 7, Article 1.
DOI: 10.2202/1553-3832.1483
Available at: http://www.bepress.com/ev/vol6/iss7/art1