In praise of more primitive finance

Economists' Voice

Volumn 6, Issue 3, 2009, Pages 1-8

  Bhidé, Amar ^a  

^a Columbia University ^*  (United States)

Author keywords

Financial crisis; Financial regulation

Indexed keywords

EID: 64349098875     PISSN: 15533832     EISSN: 15533832     Source Type: Journal    
DOI: 10.2202/1553-3832.1534     Document Type: Article

References (19)

1. A more fully annotated version of this article is available at: http://www.bhide.net/financial- crisis-2008/bhide-praise-of-primitive- finance.pdf.
2. Bhidé, Amar (2008) "Insiders and Outsiders," Forbes.com. September 25. Available at: http://www.forbes.com/2008/09/24/ citicorpgoldman- merrill-oped-cx-ab-0924bhide.html.
3. Bhidé, Amar (1994) "Return to Judgment," Journal of Portfolio Management, 20(2):19-25. Winter.
4. Bhidé, Amar (1993) "The Hidden Costs of Stock Market Liquidity," Journal of Financial Economics, 34(1):31-51. August.
5. Bhidé, Amar (1989) "The Causes and Consequences of Hostile Takeovers," Journal of Applied Corporate Finance, 2(2):36-59. Summer.
6. Bhidé, Amar and Edmund Phelps (2007) "A Dynamic Theory of China-U.S. Trade," World Economics, 8(3):7-25. July-September.
7. Elster, Jon (2007) Explaining Social Behavior: More Nuts and Bolts for the Social Sciences. Cambridge: Cambridge University Press.
8. Elster, Jon (forthcoming) "Excessive Ambitions," Capitalism and Society.
9. Grant, James, (2008) "The Confidence Game," The Wall Street Journal. October 18. Available at: http://online.wsj.com/article/ SB122428355436946301.html.
10. Kaplan, Steven and Joshua Rauh (2007) "Wall Street and Main Street: What Contributes to the Rise in the Highest Incomes?" NBER Working Paper No. 13270. Available at: http://www.nber. org/papers/w13270.pdf.
11. Kay, John (2009) The Long and the Short of it: A Guide to Finance and Investment for Normally Intelligent People Who Aren't in the Industry. London: The Erasmus Press.
12. Litan, Robert (1987) "An Economic Inquiry Into the Expansion of Bank Powers," Yale Economics Department, PhD Dissertation.
13. Lindbeck, Assar (1990) "Presentation Speech," Royal Swedish Academy of Sciences, December 10. Available at: http://nobelprize.org/ nobel- prizes/economics/laureates/1990/presentationspeech. html. (Presentation Speech by Professor Assar Lindbeck of the Royal Swedish Academy of Sciences.)
14. Maxey, Daisy (2008) "Money-Fund Chorus: We're Not Raters," The Wall Street Journal, August 29. Available at: http://online.wsj.com/ article/SB121996611474581471.html.
15. Roe, Mark (1990) "Political and legal restraints on ownership and control of public companies," Journal of Financial Economics, 27(1):7-41.
16. Robinson, Joan (1952) "The Generalization of the General Theory," in The Rate of Interest, and Other Essays. 67-142. London: Macmillan.
17. Samuelson, Paul (1974) "Challenge to Judgment," Journal of Portfolio Management, 1(1): 17-19. Fall.
18. Scheer, David and Jesse Westbrook (2008) "Madoff 'Tragedy' Said to Have Escaped Scrutiny by SEC," Bloomberg.com. December 14. Available at: http://www.bloomberg.com/apps/news? pid=20601170&sid=a3T. FJ8oI5hI.
19. U.S. Securities and Exchange Commission(1984) "...good people, important problems and workable laws," S.E.C.. New York, NY.