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Explain the key financial regulations resulting in the New Deal. How did they attempt to solve issues from cutthroat competition, information asymmetry, and moral hazard? How well did they do and why didn’t they last? What are the essential financial innovations emerging after the 1970s? (Thoroughly explain each) What has been the role of technology? Pg. 144 in Econned states that many in the financial sector saw the repeal of Glass-Steagall as a ‘non event.’ Why might the financial sector have felt this way?

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