Capitalisn’t: The Economics of Student Protests
The podcast explores questions at the heart of recent campus protests—and university governance.
Capitalisn’t: The Economics of Student ProtestsMany economists and policy makers agree the US financial system has gotten safer since the 2008-10 financial crisis. But is it safe enough? John H. Cochrane, senior fellow of the Hoover Institution at Stanford University and distinguished senior fellow at Chicago Booth, says what’s made us safer is the obligation of banks to hold more capital—but they still don’t hold enough to make us immune from crisis. Cochrane suggests offering the most well-capitalized banks a regulatory reward—namely, less regulation—and keeping the regulatory pressure on those banks that prefer to remain highly leveraged. Making banks even safer should be a priority, Cochrane says, because the next crisis may well be more severe, and more difficult to resolve.
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The podcast explores questions at the heart of recent campus protests—and university governance.
Capitalisn’t: The Economics of Student ProtestsTwo of the world’s most dynamic economies face contractions, judging by a half century of data linking rising household debt with a boom-bust pattern.
China and South Korea Had the Boom. Is a Bust Imminent?A Chinese pandemic-era program involving targeted digital coupons generated almost three times as much buying as the coupons cost.
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