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Somebody’s Hedging

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Abstract

The reforms arising from the Great Depression and panics before and since, have created a body of regulations designed to keep together Consumer-Investors and their money.

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Notes

  1. Akerlof, George A. (1970) “The Market for ‘Lemons’: Quality Uncertainty and the Market Mechanism,” Quarterly Journal of Economics, Vol. 84, No. 3 (1970), pp. 488–500. While the title of the paper sounds narrow, this concept of information asymmetries has far reaching implications.

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© 2009 Colin Read

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Read, C. (2009). Somebody’s Hedging. In: Global Financial Meltdown. Palgrave Macmillan, London. https://doi.org/10.1057/9780230595187_22

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