Politics Diamond, Dybvig, and Government Deposit Insurance by December 17, 2022 December 17, 2022 The 2022 Nobel Prize in Economics is to be shared by Ben S. Bernanke, Douglas…
Politics Diamond and Dybvig and the Panic of 1907 by December 17, 2022 December 17, 2022 My last post argued that, despite what Diamond and Dybvig’s famous theory suggests, bank runs…