by William Davies · 26 Feb 2019 · 349pp · 98,868 words
the data that I receive via my eyes? In fact, how can I know that I even exist at all? Descartes’ famous escape from this doom-loop of doubt was to consider that the very fact of him having these doubts is enough to demonstrate that he existed, at least as a
by Anat Admati and Martin Hellwig · 15 Feb 2013 · 726pp · 172,988 words
, London, October 24. ———. 2011c. “Accounting for Banks’ Uncertainty.” Speech delivered at the Institute of Chartered Accountants in England and Wales, London, December 19. ———. 2012a. “The Doom Loop.” London Review of Books 34 (4): 21–22. ———. 2012b. “Creating a Socially Useful Financial System.” Speech delivered at the Institute of New Economic Thinking’s
by Martin Wolf · 24 Nov 2015 · 524pp · 143,993 words
of March 2014.17 Yet if a banking union is to work, there must exist an adequate supply of unimpeachably safe assets, thereby breaking the doom loop between the sovereigns and their banks. Relying on the debt of just a few countries, principally Germany, is inadequate, particularly since Germany wishes to lower
by Simon Johnson and James Kwak · 29 Mar 2010 · 430pp · 109,064 words
bets. This adds to the cost of future crises. And the larger these costs, the lower the credibility of ‘never again’ announcements. This is a doom loop.”42 The third problem is that TBTF banks are bad for competition and therefore bad for the economy. Bond investors realize that megabanks have an
by Noam Chomsky · 1 Jan 2009
by taxpayers” through bailouts and lost jobs, and the financial system “is thus resurrected to gamble again—and to fail again.” The system is a “doom loop,” in the words of the official of the Bank of England responsible for financial stability.5 One might say “better late than never,” except that
by Rick Wartzman · 15 Nov 2022 · 215pp · 69,370 words
these items didn’t sell, either. They’d be returned to the back room, as well, adding to the mountain of clutter. “It created a doom loop,” Carithers said. As they made the rounds, Foran and McKenna also saw how much employees’ long-festering concerns about low pay and erratic hours were
by Yascha Mounk · 19 Apr 2022 · 442pp · 112,155 words
-court-confirms-prodis-win-in-italian-election.html. GO TO NOTE REFERENCE IN TEXT Some believe that popular anger: Lee Drutman, Breaking the Two-Party Doom Loop: The Case for Multiparty Democracy in America (New York: Oxford University Press, 2020). For a legislative proposal, see “The Fair Representation Act,” Fair Vote, accessed
by David Boyle · 15 Jan 2014 · 367pp · 108,689 words
’, interview with David Hopkinson, 26 Jun. 1990. [9] BBC 2, The Secret History of Our Streets, ‘Portland Road’, 27 Jun. 2012. [10] Andrew Haldane, ‘The doom loop’, London Review of Books, 23 Feb. 2012. [11] http://epicureandealmaker.blogspot.com [12] Quoted in John Cassidy, ‘What good is Wall Street?’, New Yorker, 29
by Mehrsa Baradaran · 5 Oct 2015 · 424pp · 121,425 words
government bailouts. Their size leads to bailouts, and the promise of bailouts in turn leads to more risk-taking, a cycle some have called a “doom loop.”124 If the deep-seated fears of concentrated bank power had not been pacified over the last several decades, they would surely have intensified during
by Paul Collier · 6 Aug 2024 · 299pp · 92,766 words
is joyful: communities long left behind can catch up. But the tone of this chapter has been far from joyful: its account of Britain’s doom-loop of education and privilege has been angry – I think justifiably so. From the next chapter, good news abounds, but first there is one final unhappy
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