Why Shadow Banking Didn’t Cause the Financial Crisis
February 13, 2023
20 min
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4,152 of 4,836
February 13, 2023
Why Shadow Banking Didn’t Cause the Financial Crisis
0:00 / 20:14
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20:14This episodeWhy Shadow Banking Didn’t Cause the Financial Crisis
Summary
In his new book, <em><a href="https://www.cato.org/books/why-shadow-banking-didnt-cause-financial-crisis" rel="noopener noreferrer" target="_blank">Why Shadow Banking Didn’t Cause the Financial Crisis</a></em>, Norbert Michel explores the main problems with the conventional story about the 2008 crisis and explains why it does not justify expanding bank‐like regulations throughout financial markets to mitigate systemic risks.</p><hr /><p style="color: grey; font-size: 0.75em;"> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color: grey;" target="_blank">acast.com/privacy</a> for more information.</p>
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