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Nov 17, 2008 · On Capitol Hill, Mr. Gramm became the most effective proponent of deregulation in a generation, by dint of his expertise (a Ph.D in economics), free-market ideology, perch on the Senate banking...
Oct 17, 2008 · On Capitol Hill, Gramm became the most effective proponent of deregulation in a generation, by dint of his expertise (a Ph.D. in economics), free-market ideology, perch on the Senate banking...
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Nov 17, 2008 · There was a fascinating front page Monday NYT article on the architect of much of the past few decades radical deregulation: Phil “ nation of whiners” Gramm. The retired Texas senator claims that deregulation “played virtually no role” in the current economic turmoil engulfing the globe, nor the housing collapse or the credit crisis.
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A MoveOn.org Political Action ad plays the partisan blame game with the economic crisis, charging that John McCain’s friend and former economic adviser Phil Gramm “stripped safeguards that would have protected us.” The claim is bogus. Gramm’s legislation had broad bipartisan support and was signed into law by President Clinton. Moreover, the bill h...
As Congress wrestled with a $700 billion rescue for Wall Street’s financial crisis, partisans on both sides got busy – pointing fingers. MoveOn.org Political Action on Sept. 25 released a 60-second TV ad called "My Friends’ Mess," blaming Sen. John McCain and Republican allies who supported banking deregulation. The McCain-Palin campaign released i...
Benston, George J. The Separation of Commercial and Investment Banking: The Glass-Steagall Act Revisited and Reconsidered. Oxford University Press, 1990. Tabarrok, Alexander. "The Separation of Commercial and Investment Banking: The Morgans vs. The Rockefellers." The Quarterly Journal of Austrian Economics 1:1 (1998), pp. 1 – 18. Kuttner, Robert. "...
Mar 29, 2008 · Phil Gramm, Hero of Deregulation. By Matthew Yglesias. March 29, 2008. A nice piece by Lisa Lerer in Politico makes the point that Phil Gramm, on whom John McCain says he'll be relying...
Nov 17, 2008 · Phil Gramm, the former United States senator, sees himself as a myth buster, and has long argued that economic events are misunderstood. In two recent interviews with The New York Times, Mr. Gramm described the current turmoil as “an incredible trauma,” but said he was proud of his record, write the Times’ Eric Lipton and Stephen Labaton.
