Apr 2, 2019

Making US Capital Markets More Resilient

Brian Knight Senior Research Fellow , Chad Reese Former Managing Editor, Urska Velikonja, Andrew Vollmer

At any given time in an economy, you generally have two groups of people: some who have extra money and want to find a way to put it to use, and others who have ideas for how to use that money. The various products, services, and institutions that work to connect those two groups of people are collectively known as “capital markets,” and they’re a vital part of making the economy work, from providing vehicles for retirement savings to funding new businesses just starting up, or helping existing firms expand.

With all that money flowing back and forth, of course, comes risk, and today we wrap up our three-part series on resiliency by talking about ways to ensure that US capital markets are resilient to the normal ups and downs of economic activity.

Joining us again as special co-host is Brian Knight, Mercatus scholar and financial regulations expert.

Our first guest today is Georgetown University law professor Urska Velikonja. Urska has written extensively on securities regulation and enforcement both for academic journals and major media outlets.

We’re also joined by Andy Vollmer, University of Virginia law professor and director of the John W. Glynn Jr. law and business program. Andy has worked as a partner in a securities litigation and enforcement practice group and served as deputy general counsel at the Securities and Exchange Commission.

Questions, comments, episode ideas? Email Chad at creese@mercatus.gmu.edu or follow him on Twitter @ChadMReese.

Today's What's on Tap beverage features the KBS Bourdon Barrel-Aged Bourdon Coffee Stout by Founders Brewing Co.

Photo credit: Securities Exchange Commission/Flickr

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