Bonds, Not Bailouts, For Too Big to Fail Banks

Authors

Steven D. Gjerstad, Chapman UniversityFollow
Vernon L. Smith, Chapman UniversityFollow

Document Type

News Article

Publication Date

8-13-2014

Abstract

Steven Gjerstad and Vernon L. Smith discuss the phenomenon of bailing out banks that are "too big to fail", which continues six years since the beginning of the economic downturn. Steven Gjerstad and Vernon L. Smith discuss the phenomenon of bailing out banks that are "too big to fail", which continues six years since the beginning of the economic downturn.

Comments

This article was originally published in the The Wall Street Journal on August 13, 2014.

Recommended Citation

Gjerstad, S., & Smith, V.L. (2014, Aug. 13). Bonds, Not Bailouts, For Too Big to Fail Banks. Wall Street Journal. Retrieved from http://online.wsj.com/articles/steven-gjerstad-and-vernon-smith-bonds-not-bailouts-for-too-big-to-fail-banks-1407885142

Copyright

Wall Street Journal