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Financial Institutions: Necessary for Prosperity

Financial intermediation improves economic growth by reducing transactions costs, fostering capital formation, and promoting efficient allocation of capital.

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The Fed's Failure as a Lender of Last Resort: What to Do About It

Throughout history, the Fed’s LLR policies have jeopardized its operational independence and put taxpayers at risk.

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Using Financial Regulation to Fight Climate Change: A Losing Battle

Using Financial Regulation to Fight Climate Change: A Losing Battle
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