Edward J. Kane


Edward J. Kane was Professor of Finance at Boston College. From 1972 to 1992 he held the Everett D. Reese Chair of Banking and Monetary Economics at Ohio State University. A founding member of the Shadow Financial Regulatory Committee, Kane rejoined the organization in 2005. He served for twelve years as a trustee and member of the finance committee of Teachers Insurance. He consulted for the World Bank and is a senior fellow in the Federal Deposit Insurance Corporation’s Center for Financial Research. Previously, Kane consulted for numerous agencies, including the IMF, components of the Federal Reserve System, and three foreign central banks. He consulted as well for the Congressional Budget Office, the Joint Economic Committee, and the Office of Technology Assessment of the U.S. Congress. He wa a past president and fellow of the American Finance Association and a former Guggenheim fellow. He also served as president of the International Atlantic Economic Society and the North American Economics and Finance Association. Kane was a longtime research associate of the National Bureau of Economic Research. He authored three books and coauthored or coedited several more. He published widely in professional journals and served on seven editorial boards. He received a BS from Georgetown University and a PhD from the Massachusetts Institute of Technology.

By this expert

Immaculate Deception

Article | Jul 20, 2020

How and Why Bankers Still Enjoy a Global Rescue Network

Immaculate Deception: How (and Why) Bankers Still Enjoy a Global Rescue Network

Paper Working Paper Series | | Jul 2020

A look at Dodd-Frank’s impact

The Good, the Bad, and the Ugly About the Fed’s New Credit Allocation Policy

Article | Jun 30, 2020

The Fed is taking an aggressive approach to put out the economic fires of the pandemic. But it needs to allow for flexibility as some business models irreparably change.

Why a V-Shaped Recession Is a Pipe Dream

Article | Jun 8, 2020

Regardless of what Trump says, the economic pain of the pandemic isn’t going anywhere

Featuring this expert

Can Philosophy Stop Bankers From Stealing?

Article | Jun 7, 2016

Pernicious cultural norms inside American banks and regulatory agencies have crowded out fundamental moral principles. Ed Kane proposes an antidote.

Professional Expertise or Politics Driving Economists’ View of Hillary and Bernie?

Article | Feb 9, 2016

Bullet-point financial reform proposals are either too simple or too vague.

The Gift of Deregulation

Article | Dec 14, 2015

‘Tis the season to celebrate gift giving. But for big banks Santa Claus comes all the time, in the form of handsomely wrapped subsidies and subtly packaged regulatory nuances worth more more gold than the wildest dreams of the Three Wise Men.

Bankers Think They Have an Ethical Duty to Steal From Taxpayers

Article | Jun 16, 2015

It doesn’t make sense to pay someone to rob you.