Russ Roberts

Eugene White Podcast Episodes and Extras

Category Archive with 1 podcast episodes and extras
 

Eugene White on Bank Regulation

EconTalk Episode with Eugene White
Hosted by Russ Roberts

Eugene White of Rutgers University talks with EconTalk host Russ Roberts about the regulation of banks and financial crises. White argues that most regulation tries to limit the choices of banks to restrain them from making choices that create instability or fragility. A better approach, White argues, is to change the incentives facing bankers so that they would be encouraged to make prudent choices without the need for top-down monitoring. He shows how in the 19th century various regulations and market results encouraged stability and prudence while some regulations made the system more fragile. White discusses the lessons for the current crisis and what might be done to improve the current state of regulation.

Size: 27.7 MB
Right-click or Option-click, and select "Save Link/Target As MP3.

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