Financial Markets
Highly and preemptively regulated, financial markets are a sector of the economy where new firms and their products can find it hard to gain a foothold. It’s also one where politicians, regulators, and financial institutions increasingly use their power to change the behavior of individuals and businesses outside the democratic process. Mercatus research shows how to keep the sector competitive and innovative, focused on finance and not on social causes.
Featured
Latest work in Financial Markets
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
How Many Words Might Basel III Endgame Add To Current Bank Regulation? | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Congress May Modernize the SEC’s Mission. Will It Work? | The Hill
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Economic Outlook and Risk of Recession | Fox Business Network
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
This FOMC Is Very Concerned About Going Too Far | CNBC
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Supreme Court Should Curb the SEC’s Excessive Penalties | Bloomberg Law
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
The Impact of Rising Deficits On the Economy | CNBC’s “The Exchange”
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Rate Hikes Affect Consumer Prices | BBC News
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
An Ominous Outlook for the Banking Sector | FinRegRag
- | Financial Markets Financial Markets
- | Podcast Appearance Podcast Appearance
How This Spring’s Bank Failures Will Shape Bank Supervision | American Banker’s “Bankshot”
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Biden Impeachment Probe May Turn on Definition of ‘Benefit' | Law360
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Three Ways to Help Get the SAFER Act Back on the Right Path | FinRegRag
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
It’s a ‘Toss-Up’ Whether the Fed Will Hike Rates Again | CNBC Asia’s “Capital Connection”
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Are Bank Customers Safer With the Safer Act? Doesn’t Look Like It. | FinRegRag
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Inflation Will Stay More Elevated Than Some Expect | CNBC
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Biden Admin Scared to Death of Triggering Financial Crisis | Fox Business Network
- | Regulation Regulation
- | Expert Commentary Expert Commentary
Trump Can’t Have It Both Ways on Tariffs | The Wall Street Journal
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
China's Economy Is Struggling. Still Want To Emulate it? | Creators Syndicate
- | Financial Markets Financial Markets
- | Podcast Appearance Podcast Appearance
Policy Ideas for Helping Workers and Employers Get the Most Out of the Work They Do | CEI’s “How the World Works”
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
The Long-Run Effect of This Interest Rate Cycle Is Getting More Play, Says Former Fed President | CNBC
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Stock Market and Long Term Interest Rates | Fox Business
Latest work in Financial Markets
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
How Many Words Might Basel III Endgame Add To Current Bank Regulation? | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Congress May Modernize the SEC’s Mission. Will It Work? | The Hill
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Economic Outlook and Risk of Recession | Fox Business Network
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
This FOMC Is Very Concerned About Going Too Far | CNBC
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Supreme Court Should Curb the SEC’s Excessive Penalties | Bloomberg Law
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
The Impact of Rising Deficits On the Economy | CNBC’s “The Exchange”
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Rate Hikes Affect Consumer Prices | BBC News
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
An Ominous Outlook for the Banking Sector | FinRegRag
- | Financial Markets Financial Markets
- | Podcast Appearance Podcast Appearance
How This Spring’s Bank Failures Will Shape Bank Supervision | American Banker’s “Bankshot”
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Biden Impeachment Probe May Turn on Definition of ‘Benefit' | Law360
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Three Ways to Help Get the SAFER Act Back on the Right Path | FinRegRag
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
It’s a ‘Toss-Up’ Whether the Fed Will Hike Rates Again | CNBC Asia’s “Capital Connection”
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Are Bank Customers Safer With the Safer Act? Doesn’t Look Like It. | FinRegRag
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Inflation Will Stay More Elevated Than Some Expect | CNBC
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Biden Admin Scared to Death of Triggering Financial Crisis | Fox Business Network
- | Regulation Regulation
- | Expert Commentary Expert Commentary
Trump Can’t Have It Both Ways on Tariffs | The Wall Street Journal
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
China's Economy Is Struggling. Still Want To Emulate it? | Creators Syndicate
- | Financial Markets Financial Markets
- | Podcast Appearance Podcast Appearance
Policy Ideas for Helping Workers and Employers Get the Most Out of the Work They Do | CEI’s “How the World Works”
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
The Long-Run Effect of This Interest Rate Cycle Is Getting More Play, Says Former Fed President | CNBC
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Stock Market and Long Term Interest Rates | Fox Business
Latest work in Financial Markets
- | Financial Markets Financial Markets
- | Working Papers Working Papers
A Chip Off the Old Block or a New Direction for Payment Card Security?
Chips, PINs, and the Law and Economics of Payment Card Fraud
- | Financial Markets Financial Markets
- | Working Papers Working Papers
Benefits and Costs of a Higher Bank Leverage Ratio
- | Academic & Student Programs Academic & Student Programs
- | Financial Markets Financial Markets
- | Working Papers Working Papers
Governing the Financial System
A Theory of Financial Resilience
- | Financial Markets Financial Markets
- | Working Papers Working Papers
Adverse Consequences of the Binding Constitutional Interest Rate Cap in the State of Arkansas
- | Financial Markets Financial Markets
- | Working Papers Working Papers
The Recourse Rule, Regulatory Arbitrage, and the Financial Crisis
- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
Modernizing Financial Technology Regulations to Facilitate a National Market
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
The Knowledge Problem in Monetary Policy
The Case for Nominal GDP Targeting
- | Monetary Policy Monetary Policy
- | Working Papers Working Papers
Interest-Rates-Free Monetary Policy Rule
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
Valuing the Government-Spending Multiplier
Why Monetary Offset Must Be Recognized
- | Financial Markets Financial Markets
- | Working Papers Working Papers
Federalism and Federalization on the Fintech Frontier
- | Financial Markets Financial Markets
- | Book Chapters Book Chapters
Federalism and FinTech
- | Financial Markets Financial Markets
- | Book Chapters Book Chapters
Reforming the Financial Regulators
- | Financial Markets Financial Markets
- | Working Papers Working Papers
A Primer on the Evolution and Complexity of Bank Regulatory Capital Standards
- | Financial Markets Financial Markets
- | Research Papers Research Papers
Revisiting Dodd-Frank
A Mercatus Policy Primer
- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
Risks to Innovative Credit Posed by Emerging Regulatory and Litigation Trends
- | Financial Markets Financial Markets
- | Working Papers Working Papers
Baggage of Consumer Installment Cash Lending
A New Sorting of the Suitcases
- | Financial Markets Financial Markets
- | Books Books
Reframing Financial Regulation
Enhancing Stability and Protecting Consumers
- | Low Interest Rates and the Economy: A Mercatus Colloquium Low Interest Rates and the Economy: A Mercatus Colloquium
- | Monetary Policy Monetary Policy
- | Research Papers Research Papers
A Low-Interest-Rate Future
- | Low Interest Rates and the Economy: A Mercatus Colloquium Low Interest Rates and the Economy: A Mercatus Colloquium
- | Monetary Policy Monetary Policy
- | Research Papers Research Papers
Four Ways of Increasing Interest Rates
- | Monetary Policy Monetary Policy
- | Working Papers Working Papers
The Myth of Central Bank Independence
Latest work in Financial Markets
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Building a Financial System That Enables Abundance | Discourse
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
There Are Far Too Many Unanswered Questions About SVB’s Failure | American Banker
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Why Congress Treated SVB Witnesses So Shabbily | InsideSources
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Banking Is Slowly Getting Narrower — and Better | Bloomberg Opinion
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
So Which Is It: Too Much, Just Enough or Not Enough Bank Capital? | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Paradox of Valuing Cryptocurrency in America | The Hill
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Historical Perspectives On the Size of Recent Bank Failures | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The Fed’s Hard Look at Banks Comes Up Short | Barron's
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Confusion and Uncertainty About the Section 12(a)(2) Claim at Slack Oral Argument | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Knocking on the Central Bank’s Door | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The New DAO Model: Legal Protections for Unincorporated For-profit Associations | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Playing Politics: Why Won’t the Federal Reserve Give Us the Unvarnished Truth About the Economy? | The Hill
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Safe Banks Require Harsh Discipline | Barron's
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
‘Air’ Is a Cautionary Tale About ESG | The Wall Street Journal
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Total Loss-absorbing Capacity: More Leverage Is No Solution | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
What Should Taxpayers Expect From an Enhanced Federal Revenue Machine? | The Washington Examiner
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Annual Tariff Report Card Could Sort the Baptists From the Bootleggers | The Post and Courier (SC)
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
More Questions (And Document Requests) For Regulators in the Wake of SVB and Signature | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Operation Choke Point 2.0, Monopolistic Favoritism, or the Velocity of Money? | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary