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Daily Archives

August 31, 2017
  • 31 Aug 2017

    The rule of thumb

    Following the 2008 financial crash, Bank of England chief economist Andy Haldane looked into what factors caused the crisis. He discovered that breaching the regulations set out in Basel II – a complex 347-page document that attempted to ensure banks remained safe – proved a less effective predictor of failure than a crude rule of […]