The hammer fallacy
- Sunday, 27 August 2017
The Australian government’s move to extend banking regulation to the nonbank sector looks like a classic example of the old adage: “When the only tool you have is a hammer, every problem looks like a nail.”
The Australian government’s move to extend banking regulation to the nonbank sector looks like a classic example of the old adage: “When the only tool you have is a hammer, every problem looks like a nail.”