Why Shadow Banking Didn’t Cause the Financial Crisis
Cato Podcast · Cato Institute
February 13, 202320m 14s
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Show Notes
In his new book, Why Shadow Banking Didn’t Cause the Financial Crisis, 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.
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