financial inclusion, financial technology, financial regulation, unbanked, underbanked

What is the proper policy framework for promoting financial inclusion in a free society? New financial tools are bringing more people into the modern financial world—changing how households save, borrow, pay for everyday needs, and invest in their futures. They're also creating new opportunities for unbanked and…

Earlier this month, I had the pleasure of delivering some remarks to the New York League of Independent Bankers. I spoke about how and why financial regulation often has consequences that are very different from the ones that policymakers intend. What follows are my written remarks—I hope…