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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.



Yes, 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.


I wasn't suggesting that you suggested jail. This thread is about an article in which Stiglitz suggests jail.




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