Page 123 - Monocle Quarterly Journal Vol 1 Issue 1 Q4
P. 123
e Monocle Quarterly Journal is a business journal dedicated to continuously investigating and questioning the prevailing orthodoxy that is driving the governance of the banking and nance industries. is Journal chooses to overturn inherited notions that defy economic logic by bearing witness to, and commentating polemically upon, the regulatory, macro-prudential, and government intervention into private enterprise. is series is based both on formal in-house research as well as extensive external sources, coagulated into strongly argued positions on topics ranging from banking ROEs, to current political trends.
“Since the turn of this century the practice of banking has experienced such tremendous existential change as to be incomparable to the enviable industry it once was during the roaring nineties.”
“We intend for this Journal to document our thoughts, to point out the internal contradictions, perhaps even to provide a small voice for caution against the maelstrom of political and economic chaos that is now commonplace.”
“In this rst ever Monocle Quarterly Journal we cover over-capitalisation of balance sheets, blunt liquidity rules, myopia in the exercise of stress-testing and in the excessive ning of banks, as well as some of the political motives that have driven these phenomena. We hope the research as well as the polemical tone at the very least sparks debate.”
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