Join the Debate in the NY Times! In Banking, Should There Be a ‘Public Option’?

The Opinion Pages • • October 2, 2013

The Debaters:

Only one U.S. state, North Dakota, owns a bank. But that bank has been so successful – and the financial systems elsewhere have been so problematic – that 22 other legislatures have considered starting similar state banks.

Would government-owned banks distort the free market, or complement private lending? If states or the federal government set up banks, should they lend directly to consumers and businesses?

Read the discussion here.

Bookmark and Share