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The Economic Consequences of Financial Regulation

Main Street Caught in the Crossfire
  • Kevin Mellyn

Abstract

The dividing line between Main Street and Wall Street is nonsense in an economy that has become so heavily finance driven as that of the United States. It feels good to punish the banks, but it always involves punishing ourselves. Accountability for individual bankers is a horse of a different color, and it remains sorely lacking, to be sure. Cutting finance down to size begs the question of what will replace it as a driver of employment and economic growth.

Keywords

Central Bank Credit Card Credit Union Financial Regulation Financial Service Authority 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Kevin Mellyn 2012

Authors and Affiliations

  • Kevin Mellyn

There are no affiliations available

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