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Tuesday, March 4, 2014

Monetary

News                                                                                                                             
FOX Business | Bernanke: Fed Could Have Done More During Crisis
Former Federal Reserve Chairman Ben Bernanke said the U.S. central bank could have done more to fight the country's financial crisis and that he struggled to find the right way to communicate with markets.

Econ Comments & Analysis                                                                                            
WSJ | Shedding Some Light on Shadow Banking
The term "shadow banking" is one of those Orwellian terms that can undermine critical thought. It has a negative, vaguely sinister connotation about a source of financing that is an essential and desirable part of the financial system. As discussion about the regulation of nonbank entities begins in earnest, it's time to clear the air about what these institutions are and how they operate.
AEI | Simple banking rules for a complex world
The Bankers’ New Clothes is a book much longer than it needs to be, which expresses several simple ideas, some right, some wrong, which would have made a very interesting and provocative article.