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Banking: Intermediation or Money Creation
R. Hockett & S. Omarova, What Do Banks Intermediate?

February 5, 2020

Robert Hockett, Cornell Law School
Saule Omarova, Cornell Law School

Apparently there still are people who believe that the principal role of commercial banks is to ‘intermediate’ between depositors and borrowers – lending the funds of the former to the latter at a premium, conveying a portion of that premium to the former, and pocketing the remainder.

Roundtable Registration
What Is Global History? A Roundtable

Thursday, February 20
4:30 p.m.
Wolfensohn Hall
Institute for Advanced Study

Since its publication in 2016, Sebastian Conrad’s What Is Global History? (Princeton University Press, 2016) has been read and debated not only by historians of modern Europe but also by historians of different parts of the world and scholars in different disciplines. 

Who writes global history? How and for whom? And why now?

Bring your questions and thoughts, and join the conversation.

https://www.ias.edu/events/hsroundtable-feb2020