On Friday, the Treasury Department released a report on Financial Stability Oversight Council (FSOC) designations. This report could have addressed the problem underlying FSOC’s designation authority: the fact that it makes explicit which financial institutions are “too big to fail,” paving the way for more bailouts of…
As policymakers begin to rethink the current financial regulatory regime, it is important to reconsider the relation between banking regulation, financial stability, and economic vitality. With this in mind, we focused this year’s Cato Summit on Financial Regulation on banking and brought it to one of the…
The Cato Institute recently released the 8th edition of its Handbook for Policymakers. Compiled by Cato scholars, it provides advice for the new administration and Congress on key domestic and foreign policy issues. The CMFA’s George Selgin, Thaya Brook Knight, and Mark Calabria (now Chief Economist to…
Alt-M contributor Larry White gave the 4th annual Liggio Lecture on September 24 at Atlas Network’s annual Liberty Forum in Miami. Atlas established the lecture in honor of their late vice president of academics, Leonard Liggio (1933-2014), an esteemed classical liberal scholar who also served as President of the Mont…
Writing for FT.com’s “The Exchange” blog, economists Diane Coyle and Jonathan Haskel suggest that Britain’s regulators — namely, the Competition and Markets Authority and the Bank of England — have got it wrong on competition in banking. The authors argue that “the CMA and the BoE” have overlooked “the…