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Monetary Reform — Where Do the Problems Go When Assumed To Have Been Solved?

In: The New International Money Game

Author

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  • Robert Z. Aliber

    (University of Chicago)

Abstract

The financial crisis that began in 2007 has led to several more or less standard remarks. One is the fear of protectionism — governments tend to favor domestic residents over foreigners when the supply of good-paying jobs is much smaller than the demand. The second is the need for more regulation, especially of financial institutions. (It is not as if the financial institutions were not regulated or abundantly regulated — the question is why the regulators failed to forestall the series of financial crises and the bubbles that preceded these crises.) The third is the need for a ‘new Bretton Woods.’

Suggested Citation

  • Robert Z. Aliber, 2011. "Monetary Reform — Where Do the Problems Go When Assumed To Have Been Solved?," Palgrave Macmillan Books, in: The New International Money Game, edition 0, chapter 13, pages 189-202, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-24672-0_14
    DOI: 10.1057/9780230246720_14
    as

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