Random Links XXVIII
There is always a price to efficiency, and redundancy does have benefits in a storm.
Another one bites the dust?
Death of the Check:
EU Capital Controls:
P2P Mortgage Lending:
My preference remains Denmark’s mortgage system, but this is still an interesting notion. It would work much better with a Transparent Society.
“Real Reaganites Raise Taxes” – the title says it all. Bartlett’s fatalism WRT the welfare state (and adaptation thereto) brings to mind Charles Murray’s “In Our Hands” proposal.
The Great Inflation’s Aftermath:
Gold Standard & the Depression:
Why Canada’s banking system hasn’t imploded.
I’m still a fan of the Danish mortgage banking system, but Canada’s apparently isn’t too shabby, either.
An interesting notion on how to regulate financial institutions going forward.