Just as Britain learned from its 19th-century crises—aided by the Economist and the Bankers' magazine fomenting thoughtful public outrage that fed into parliamentary reform—the US could learn the right lessons if the public becomes more educated and channels its reaction into thoughtful policy responses rather than mere hatred of banks.

forecastpending

Speaker

Russ Roberts

Evidence Quote

what we want to make sure those that we we channel this into thoughtful public responses not just a hatred towards the banks

Source

Charles Calomiris on the Financial Crisis 10/26/2009EconTalk
Created: 6/15/2026, 9:20:15 AM

My Notes

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