What the U.S. needs is more regulation
[...]
Iwan Azis, professor of professor of management and regional science at Cornell University in Ithaca, New York, said comparing the U.S. and Japanese lending fiascos weren't particularly useful because the causes and mechanisms were so different.
Iwan Azis, professor of professor of management and regional science at Cornell University in Ithaca, New York, said comparing the U.S. and Japanese lending fiascos weren't particularly useful because the causes and mechanisms were so different.
What the U.S. needs is more regulation, while Japan needs to do away with restrictions to open its markets to foreign investment and new businesses, he said in a telephone interview.
[...]
Labels: credit crisis. globalization. Right Wing Economic Management
posted by TheFuriousGourmet | 8:12 AM
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