Norbert Michel is the director of the Center for Data Analysis at the Heritage Foundation. Today, Norbert joins the show to discuss a new book of collected essays, which he edited, titled Prosperity Unleashed: Smarter Financial Regulation. Norbert pushes back against the narrative that deregulation caused the 2008 financial crisis and argues that excessive regulation hinders growth and actually makes the financial system less safe. He and David discuss policy recommendations made in the book, including reforming the Federal Reserve’s last-resort lending practices, converting the Consumer Financial Protection Bureau (CFPB) into a commission, and more.