65 - Stephen Miller on Financial Crises, Capital Requirements, and the US Banking System

65 - Stephen Miller on Financial Crises, Capital Requirements, and the US Banking System

Stephen Matteo Miller is a Senior Research Fellow at the Mercatus Center at George Mason University. He joins the show to discuss his work on the history of financial crises as well as the evolution of the U.S. banking system since the late 1800s. Steph stresses the importance of capital requirements (how much capital or equity a bank holds relative to its liabilities) in combating financial crises. Furthermore, he argues that higher and simpler capital requirements, rather than more regulation, are the keys to a more market-disciplined banking system. David's blog: http://macromarketmusings.blogspot.com/ Stephen Miller's Mercatus profile: https://www.mercatus.org/stephen-matteo-miller David's Twitter: @DavidBeckworth Stephen Miller's Twitter: @SMatteoMiller Related links: "Ending Too-Big-to-Fail May Require More Than the Minneapolis Fed Too-Big-to-Fail Plan" by Stephen Miller https://www.mercatus.org/publications/too-big-to-fail-minneapolis-fed "A Primer on the Evolution and Complexity of Bank Regulatory Capital Standards" by Stephen Miller and James Barth https://www.mercatus.org/publications/primer-bank-regulatory-capital-standards *"To Establish a More Effective Supervision of Banking": How the Birth of the Fed Altered Bank Supervision* by Eugene White http://www.nber.org/papers/w16825.pdf

Avsnitt(542)

Will Luther and Josh Hendrickson on the Future of Bitcoin

Will Luther and Josh Hendrickson on the Future of Bitcoin

Will Luther is an associate professor of economics at Florida Atlantic University and a fellow at the Bitcoin Policy Institute. Josh Hendrickson is a professor of economics and the chair of the econom...

11 Aug 202551min

Rashad Ahmed on the Global Impact of US Stablecoin Regulation and Crypto Adoption

Rashad Ahmed on the Global Impact of US Stablecoin Regulation and Crypto Adoption

Rashad Ahmed is a former Treasury and Office of the Comptroller of the Currency financial economist and is currently an economist at the upstart Andresen Institute for Finance and Economics. In Rashad...

4 Aug 202557min

Paul Kupiec on Problems with the Fed's Balance Sheet and Calls to End Interest on Reserves

Paul Kupiec on Problems with the Fed's Balance Sheet and Calls to End Interest on Reserves

Paul Kupiec is a senior fellow at the American Enterprise Institute. In Paul's first appearance on the show, he discusses life at a think tank, the insolvency of the Fed, theories on how to fix the Fe...

28 Juli 202550min

George Hall on the Fiscal Consequences of the US War on COVID

George Hall on the Fiscal Consequences of the US War on COVID

Check out David's Substack: Macroeconomic Policy Nexus for a special 500th episode post! George Hall is a professor of economics at Brandeis University and formerly worked as an economist at the Chic...

21 Juli 202552min

Ben Harris on the Fiscal Health of the US Government

Ben Harris on the Fiscal Health of the US Government

Ben Harris served in numerous high-ranking roles as a public sector economist and is now the vice president and director of economic studies at the Brooking Institution. In Ben's first appearance on t...

14 Juli 202555min

Luis Garicano on the Future of Digital Money and Lessons Learned from the History of the Euro

Luis Garicano on the Future of Digital Money and Lessons Learned from the History of the Euro

Luis Garicano is a former member of the European Parliament and a professor at the London School of Economics. In Luis's first appearance on the show he discusses his new book, Crisis Cycle: Challenge...

7 Juli 202556min

Mark Blyth on the Winners and Losers from Inflation

Mark Blyth on the Winners and Losers from Inflation

Mark Blyth is a professor of international economics at Brown University. In Mark's first appearance on the show, he discusses his new book Inflation: A Guide for Users and Losers, the concept of angr...

30 Juni 20251h 2min

Sam Schulhofer-Wohl on Reforms in the Treasury Market and Developments with Central Bank Operating Systems

Sam Schulhofer-Wohl on Reforms in the Treasury Market and Developments with Central Bank Operating Systems

Sam Schulhofer-Wohl is a senior vice president and the senior advisor to President Lorie Logan of the Federal Reserve Bank of Dallas. Sam returns to the show to discuss recent macroeconomic conference...

23 Juni 202550min

Populärt inom Business & ekonomi

framgangspodden
varvet
badfluence
rss-jossan-nina
rss-borsens-finest
rss-svart-marknad
avanzapodden
svd-tech-brief
uppgang-och-fall
rss-dagen-med-di
fill-or-kill
borsmorgon
lastbilspodden
affarsvarlden
rss-inga-dumma-fragor-om-pengar
kapitalet-en-podd-om-ekonomi
bathina-en-podcast
tabberaset
bilar-med-sladd
rss-den-nya-ekonomin