Uploaded May 2022 | Updated September 2026, 3 weeks ago
Chapter 2: Reducing Risk with Equity-Financed Banking
John Cochrane talks about the inexorable logic employed in current financial regulations and the alternative of equity-financed banking. The Federal Reserve has assumed a larger role in keeping asset prices from falling. The culmination of this overreach is the Fed’s new move to use financial regulation to have an effect on climate change and income inequality.
For more information, visit the PolicyEd page here: policyed.org/lessons-hoover-policy-boot-camp/financial-regulation-bank-runs-climate-change/video#
Click below to watch the other videos in this series.
Chapter 1: youtu.be/fovUKW-lxlY
Chapter 2: youtu.be/tw1MDAoxlS0
Chapter 3: youtu.be/SgVEnDvxznc
Chapter 4: youtu.be/ZDce5b1X9rY
Additional resources:
Watch “How Government Policy Inflates Health Care Costs: The Curse of Cross-Subsidies,” with John Cochrane on PolicyEd. Available here: policyed.org/perspectivesonpolicy/how-government-policy-inflates-health-care-costs-curse-cross-subsidies/video.
Watch “Does Government Debt Matter Anymore?” with John Cochrane on PolicyEd. Available here: policyed.org/perspectivesonpolicy/does-government-debt-matter-anymore/video.
Read “Why Hasn’t the Fed Done More to Fight Inflation?” by John Cochrane via Chicago Booth Review. Available here: https://www.chicagobooth.edu/review/why-hasnt-fed-done-more-fight-inflation.
Read “The End of an Economic Illusion,” by John Cochrane via Project Syndicate. Available here: project-syndicate.org/commentary/inflation-puts-end-to-demand-stimulus-bailouts-climate-activism-by-john-h-cochrane-2022-04?barrier=accesspaylog.
Read “Will Inflation Persist?” by John Cochrane via the Grumpy Economist. Available here: johnhcochrane.blogspot.com/2022/03/will-inflation-persist.html.
Visit policyed.org to learn more.
- Subscribe to PolicyEd’s YouTube channel: bit.ly/PolicyEdSub
- Follow PolicyEd on Twitter: bit.ly/PolicyEdTwit
- Follow PolicyEd on Instagram: bit.ly/PolicyEdInsta
Chapter 2: Reducing Risk with Equity-Financed Banking
John Cochrane talks about the inexorable logic employed in current financial regulations and the alternative of equity-financed banking. The Federal Reserve has assumed a larger role in keeping asset prices from falling. The culmination of this overreach is the Fed’s new move to use financial regulation to have an effect on climate change and income inequality.
For more information, visit the PolicyEd page here: policyed.org/lessons-hoover-policy-boot-camp/financial-regulation-bank-runs-climate-change/video#
Click below to watch the other videos in this series.
Chapter 1: youtu.be/fovUKW-lxlY
Chapter 2: youtu.be/tw1MDAoxlS0
Chapter 3: youtu.be/SgVEnDvxznc
Chapter 4: youtu.be/ZDce5b1X9rY
Additional resources:
Watch “How Government Policy Inflates Health Care Costs: The Curse of Cross-Subsidies,” with John Cochrane on PolicyEd. Available here: policyed.org/perspectivesonpolicy/how-government-policy-inflates-health-care-costs-curse-cross-subsidies/video.
Watch “Does Government Debt Matter Anymore?” with John Cochrane on PolicyEd. Available here: policyed.org/perspectivesonpolicy/does-government-debt-matter-anymore/video.
Read “Why Hasn’t the Fed Done More to Fight Inflation?” by John Cochrane via Chicago Booth Review. Available here: https://www.chicagobooth.edu/review/why-hasnt-fed-done-more-fight-inflation.
Read “The End of an Economic Illusion,” by John Cochrane via Project Syndicate. Available here: project-syndicate.org/commentary/inflation-puts-end-to-demand-stimulus-bailouts-climate-activism-by-john-h-cochrane-2022-04?barrier=accesspaylog.
Read “Will Inflation Persist?” by John Cochrane via the Grumpy Economist. Available here: johnhcochrane.blogspot.com/2022/03/will-inflation-persist.html.
Visit policyed.org to learn more.
- Subscribe to PolicyEd’s YouTube channel: bit.ly/PolicyEdSub
- Follow PolicyEd on Twitter: bit.ly/PolicyEdTwit
- Follow PolicyEd on Instagram: bit.ly/PolicyEdInsta
