Political Aspects of Bank Regulation and Loan Loss Allocation

[Joe Leote]

This talk is about political aspects of bank regulation, deposit insurance, and loan loss allocation in the evolution of banking systems:

Banking Systems and Crises from Deposit Insurance to Stablecoins with Charles Calomiris

One main idea is that bank managers and bank equity owners benefit more than depositors from government subsidized deposit insurance. The political aspects of bank/finance regulation are always controversial among economists and among the distinct schools of economics.

Joe