Open Access. Powered by Scholars. Published by Universities.®
- Publication
Articles 1 - 4 of 4
Full-Text Articles in Law
Banks: A Broken Social Contract, Mehrsa Baradaran
Banks: A Broken Social Contract, Mehrsa Baradaran
Scholarly Works
This article explores how how the Financial Crisis of 2008 affected the banking industry and brought three specific problems: The first was that the banks and non‐bank financial institutions created due to deregulation were huge, interconnected, and highly leveraged; Second, the panic started in the “shadow banking” sector and showed that the short‐term credit transactions and derivatives that non‐bank financial institutions traded and used for funding for years were similar to banking, and thus prone to runs; and Third, the entire premise of deregulation rested on an assumption that individual firms and market players could accurately calculate and manage risks, …
Payday Lending Isn’T Helping The Poor. Here’S What Might, Mehrsa Baradaran
Payday Lending Isn’T Helping The Poor. Here’S What Might, Mehrsa Baradaran
Popular Media
This article appearing in the Washington Post on June 28, 2016 by Mehrsa Baradaran, J. Alton Hosch Associate Professor of Law at the University of Georgia School of Law explores how postal banking could benefit the poor and reduce their reliance on payday lending.
Postal Banking Worked—Let’S Bring It Back, Mehrsa Baradaran
Postal Banking Worked—Let’S Bring It Back, Mehrsa Baradaran
Popular Media
This article appearing in The Nation on January 9, 2016 examines how Postal Banking could assist low-income individuals.
Why The Poor Face A Higher Cost Of Banking, Mehrsa Baradaran
Why The Poor Face A Higher Cost Of Banking, Mehrsa Baradaran
Popular Media
Professor Baradaran appeared on PBS Newshour to discuss inequality in the banking system on January 6, 2016.