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Britain Separates Retail and Investment Banking — But Will it Work?
A government-commissioned report led by John Vickers into Britain’s financial system has been published — and its chief recommendation is a separating wall between retail and investment banking. This...
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There is No Such Thing as a Service Economy
It is often said that prostitution is the oldest profession. This is not true, and I know this with a very high degree of certainty. For a prostitute to subsist, there must be a medium of exchange,...
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