Presented
By:
Enrique Suarez
Why Public Banks Outperform Private Banks: Unfair Competition or a Better Mousetrap?
Public banks in North Dakota, Germany and Switzerland have been shown to outperform their private counterparts. International private competitors have responded by pushing for regulations limiting the advantages of the public banking model, but public banking advocates are pushing back.
In November 2014, the Wall Street Journal reported that the Bank of North Dakota (BND), the nation’s o
