There is growing recognition that the dispersion of credit risk by banks to a broader and more diverse group of investors, rather than warehousing such...
Don't diss economies of scale in finance. Well I do actually. There's lots of evidence that, beyond a certain modest size, dis-economies of scale come...
Under the wonderful post title "Copyright Infringement And A Medieval Apple Pie”, the blogger Jane Smith (not her real name, one would guess) has documented...