A Dynamic Theory of Public Banks (and why it matters)
(2021)
Journal Article
Marois, T. (2022). A Dynamic Theory of Public Banks (and why it matters). Review of Political Economy, 34(2), 356-371. https://doi.org/10.1080/09538259.2021.1898110
Public banks are pervasive, with more than 900 worldwide, and powerful, having assets nearing $49 trillion. Yet they are too often perceived as static financial institutions, based on economic theories that begin from fixed notions of what it is to b... Read More about A Dynamic Theory of Public Banks (and why it matters).