Study: A Large Financial Sector Can Impede Economic Growth

Study: A Large Financial Sector Can Impede Economic Growth: Over the last several decades, the financial sector has made up a larger and larger percentage of the U.S. economy, eventually accounting for 40 percent of corporate profits before the financial crisis of 2008. By the end of 2011, even as Americans on Main Street were still grappling with the effects of the Great Recession, [...]/p