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.
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Latest work in Financial Markets
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Episode 68. Why Does Europe Struggle with Innovation? With Luis Garicano | Capitalism and Freedom
- | Financial Markets Financial Markets
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The AI productivity boom is not here yet | The Economist
- | Financial Markets Financial Markets
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Episode 942: The New Fed Chair – Kevin Warsh | Gingrich 360
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A Note on Warsh and a New Treasury–Fed Accord | FinRegRag
- | Financial Markets Financial Markets
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Lars Lason Northwest Podcast 1-30-2026 | Lars Larson Show Pacific Northwest
Latest work in Financial Markets
- | Financial Markets Financial Markets
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Episode 68. Why Does Europe Struggle with Innovation? With Luis Garicano | Capitalism and Freedom
- | Financial Markets Financial Markets
- | Podcast Appearance Podcast Appearance
Episode 66. The Origins of Inflation Targeting in New Zealand with Don Brash | The Capitalism and Freedom in the 21st Century Podcast
- | Financial Markets Financial Markets
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Fiscal and Monetary Policy: On Thin Ice | FinReg Rag
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Thomas Hoenig on the U.S. Economy and Affordability | C-SPAN (Washington Journal)
Latest work in Financial Markets
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How Much Would It Cost to Guarantee Debt for All Publicly Traded US Corporations?
- | Financial Markets Financial Markets
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The Informational Efficiency of Cross-Listed Securities and the Quality of Institutions
Latest work in Financial Markets
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- | Essays Essays
Market Monetarism: Roadmap to economic prosperity
Marcus Nunes and Benjamin Cole
Latest work in Financial Markets
- | Regulation Regulation
- | Policy Briefs Policy Briefs
EDGE (Estimated Debt Guarantee Expenses) Database
Latest work in Financial Markets
- | Financial Markets Financial Markets
- | Policy Spotlights Policy Spotlights
Banking Crises: 50 Years of Lessons for Policymakers
Policy discipline, capital strength, and simpler, clearer rules are essential for financial stability
- | Financial Markets Financial Markets
- | Policy Spotlights Policy Spotlights
Fiscal Dominance—What It Is and How It Threatens Inflation Control
- | Financial Markets Financial Markets
- | Policy Spotlights Policy Spotlights
More Bank Equity Means Less Reliance on Deposit Insurance
Latest work in Financial Markets
- | Financial Markets Financial Markets
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Episode 68. Why Does Europe Struggle with Innovation? With Luis Garicano | Capitalism and Freedom
- | Financial Markets Financial Markets
- | Podcast Appearance Podcast Appearance
Former Fed President: Oil Shock Could Trigger Financial Instability | Soar Financially
- | Financial Markets Financial Markets
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Episode 66. The Origins of Inflation Targeting in New Zealand with Don Brash | The Capitalism and Freedom in the 21st Century Podcast
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Thomas Hoenig on the U.S. Economy and Affordability | C-SPAN (Washington Journal)
- | Financial Markets Financial Markets
- | Podcast Appearance Podcast Appearance
Former Fed President: Oil Shock Could Trigger Financial Instability | Soar Financially
- | Financial Markets Financial Markets
- | Podcast Appearance Podcast Appearance
Episode 66. The Origins of Inflation Targeting in New Zealand with Don Brash | The Capitalism and Freedom in the 21st Century Podcast
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Thomas Hoenig on the U.S. Economy and Affordability | C-SPAN (Washington Journal)
- | Financial Markets Financial Markets
- | Podcast Appearance Podcast Appearance
Episode 942: The New Fed Chair – Kevin Warsh | Gingrich 360
- | Financial Markets Financial Markets
- | Radio Appearance Radio Appearance
Lars Lason Northwest Podcast 1-30-2026 | Lars Larson Show Pacific Northwest
- | Financial Markets Financial Markets
- | TV Appearance TV Appearance
Fed Rate Cut Would Hurt Credibility, Thomas Hoenig Says | Bloomberg
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Inflation likely to increase after midterms, says former Kansas City Fed President Thomas Hoenig | CNBC
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How to probe into Powell impacts Trump’s Fed plans | Bloomberg’s The Close
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Trump's Fed probe has created 'greater' economic uncertainty | Yahoo Finance
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Fed must 'be careful, be focused' to contain inflation below 3% | Yahoo Finance
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Stocks Slide on CPI, Traders Boost June Fed Rate-Cut Odds | The Close | Bloomberg Television
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Fed getting very close to policy mistake: Fmr. Fed Official | Yahoo Finance
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Fed Decision | Scripps News
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Odds of Fed rate cut on Wednesday near 90 | BNN Bloomberg – The Close
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Bloomberg Surveillance TV: December 3rd, 2025 | Bloomberg Surveillance
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Former Fed Official Warns Money Printing Will Likely Kick Into High Gear Soon | Thoughtful Money
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Will Fed Cut Rates To 0%? Former Fed President Reveals Next Move | The David Lin Report (YouTube)
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The Latest CPI Data | Bloomberg Surveillance
Latest work in Financial Markets
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- | Public Interest Comments Public Interest Comments
Notice of Proposed Rulemaking on Modifications to the Enhanced Supplementary Leverage Ratio (eSLR) Standards
Former regulators warn proposed bank capital reductions risk bailouts and undermine Main Street lending—with little policy benefit
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Testimony on Workforce Management Disclosures and Other SEC Issues
Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets of the Committee on Financial Services
Latest work in Financial Markets
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Should There Be a New Treasury–Fed Accord? | FinRegRag
- | Financial Markets Financial Markets
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Fiscal and Monetary Policy: On Thin Ice | FinReg Rag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The AI productivity boom is not here yet | The Economist
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Getting used to price increases isn't easy | Marketplace
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
A Note on Warsh and a New Treasury–Fed Accord | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Bank Regulation: A New Season | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Déjà Vu at the Federal Reserve | Macroeconomic Policy Nexus
- | Financial Markets Financial Markets
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Fiscal and Monetary Policy: On Thin Ice | FinReg Rag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
The AI productivity boom is not here yet | The Economist
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Getting used to price increases isn't easy | Marketplace
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
A Note on Warsh and a New Treasury–Fed Accord | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Bank Regulation: A New Season | FinRegRag
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Déjà Vu at the Federal Reserve | Macroeconomic Policy Nexus
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Adam Smith’s ‘Blueprint’ For the American Economy | RealClearMarkets
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U.S. Economic Outlook for 2026: A Positive Wave with Growing Fragility | FinRegRag (Substack)
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The Fed’s QE—and the Claim of a Technical Adjustment | FinRegRag (Substack)
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The Fed’s Ample Reserves Framework and the Rising Risk of Fiscal Dominance | FinRegRag
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A Serious Moral Hazard in the Banking System | The Wall Street Journal
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The Fed Can’t Choose When To Be Independent | FinRegRag
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Questions for Stephen Miran | FinRegRag (Substack)
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Reflections on Jackson Hole 2025 | FinRegRag (Substack)
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Comment on Proposal To Weaken Capital Rules for G-SIBs | FinRegRag (Substack)
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Five Decades of Banking Crises: What Have We Learned? | FinRegRag (Substack)
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