Hoenig, Thomas M. - In: Economic Review (1997) Q I, pp. 5-10
essential that we ask the right questions about the purposes of bank regulation. Currently, much of the regulatory debate … and will continue to rely on an incremental, reactive approach to bank regulation.> In an article based on comments made … traditional arguments for bank regulation that focus on protection of bank depositors and the federal safety net. In his view, a …