How big should the financial sector be?

Excellent article by Arjun Jayadev at Triplecrisis.com on inefficiency in the financial sector. Thirty years of rising cost of financial intermediation as the US financial sector doubled its share of corporate profits. On Naked Capitalism… http://t.co/bzNmIgPe6O

Arjun is an Assistant Professor of Economics at the University of Massachusetts, Boston.