VoxEU Talk

Sensible finance for a dynamic economy

Amar Bhidé of Tufts University talks to Romesh Vaitilingam about his new book, ‘A Call for Judgement: Sensible Finance for a Dynamic Economy’, which explains how bad academic theories and mis-regulation have caused a dangerous divergence between the financial sector and the real economy. He calls for a return to case-by-case judgment in financial transactions, with deposit-taking institutions limited to basic lending. The interview was recorded in London in October 2010.