Corporate and securities laws are seen to mitigate corporate fraud by 'manipulating the incentives of agents …': presenting corporate agents with a probability of being caught and punished if they commit fraud. This article suggests that the … same laws also affect corporate fraud in a significant but unappreciated manner, by 'manipulating the perceptions of the …

This paper discusses recent UK monetary policies as instances of John Kenneth Galbraith’s “innocent fraud,” including … bank is possible for all banks), and the belief that the money supply can be controlled by reserves management. The origins …