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I didn't suggest jail. I only suggested a stick. That stick could be in the form of fines or other financial sanctions.
by slantyyz 16y ago
I didn't suggest jail. I only suggested a stick. That stick could be in the form of fines or other financial sanctions.
- lkrubner 16y agoYes, that's what I said. There are many, many changes that could be made to the system that would change the incentives that motivate the people in the financial industry, and by changing the incentives we could expect that their behavior would alter. None of which requires jail. Larger fines should be enough to greatly change the incentives.
- lkrubner 16y agoI wasn't suggesting that you suggested jail. This thread is about an article in which Stiglitz suggests jail.