Everything Is Just Dandy!

Economists win Nobel prize for showing why banks fail

Nature
Philip Ball
2022-10-10
https://www.nature.com/articles/d41586-022-03235-0

Nature, Published online: 10 October 2022; doi:10.1038/d41586-022-03235-0

Ben Bernanke, Philip Dybvig and Douglas Diamond’s work explained how finance greases the wheels of capitalism – and why the system is inherently unstable.