THE ECONOMIC CONSEQUENCES OF THE VICKERS COMMISSION
By Laurence J. Kotlikoff
Civitas. 98 pages. £8.00
ISBN 978 1 906 837 426
Laurence Kotlikoff is Professor of Economics at Boston University and has a PhD in Economics from Harvard University. He is the author of several books on economic subjects.
Professor Kotlikoff’s book has two purposes:
1. To critique the report produced by the Independent Commission on Banking, chaired by Sir John Vickers, which was commissioned to provide recommendations for reforming the banking system in Britain in order to prevent another financial crisis and reduce the need for taxpayer bailouts of failing banks to protect the financial system.