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End the obsession with interest

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  • John Geanakoplos

    (John Geanakoplos is the James Tobin Professor of Economics at Yale University, an external professor at the Santa Fe Institute and a founding partner at Ellington Capital Management, a hedge fund specializing in mortgages. john.geanakoplos@yale.edu)

Abstract

Regulating leverage, not interest rates, is the answer to a troubled economy, says John Geanakoplos.

Suggested Citation

  • John Geanakoplos, 2009. "End the obsession with interest," Nature, Nature, vol. 457(7232), pages 963-963, February.
  • Handle: RePEc:nat:nature:v:457:y:2009:i:7232:d:10.1038_457963a
    DOI: 10.1038/457963a
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    Cited by:

    1. Duchêne, Sébastien & Guerci, Eric & Hanaki, Nobuyuki & Noussair, Charles N., 2019. "The effect of short selling and borrowing on market prices and traders’ behavior," Journal of Economic Dynamics and Control, Elsevier, vol. 107(C), pages 1-1.
    2. Bezemer, Dirk J., 2010. "Understanding financial crisis through accounting models," Accounting, Organizations and Society, Elsevier, vol. 35(7), pages 676-688, October.
    3. Homburg, Stefan, 2017. "A Study in Monetary Macroeconomics," OUP Catalogue, Oxford University Press, number 9780198807537.

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