Podcasts about yair listokin

Kate Judge is a professor of law at Columbia Law School and the editor of the Journal of Financial Regulation, and Peter Conti-Brown is an associate professor of financial regulation and the co-director of the Wharton Initiative on Financial Policy and Regulation at the University of Pennsylvania. Both are also returning guests to the podcast, and they rejoin Macro Musings to talk about the banking panic of 2023 and the lessons learned so far. Specifically, Kate, Peter, and David discuss how the scene was set for this recent banking crisis, the quality of the policy response, how to reform the banking system moving forward, and a lot more.   Transcript for the episode can be found here.   Kate's Twitter: @ProfKateJudge Kate's Columbia Law profile   Peter's Twitter: @PeterContiBrown Peter's UPenn profile   David Beckworth's Twitter: @DavidBeckworth Follow us on Twitter: @Macro_Musings   Click here for the latest Macro Musings episodes sent straight to your inbox! Check out our new Macro Musings merch here!   Related Links:   *Towards an Administrative Law of Central Banking* by Peter Conti-Brown, Yair Listokin, and Nicholas Parrillo   *Money Market Funds Swell by More Than $286bn Amid Deposit Flight* by Brooke Masters, Marriet Clarfelt, and Kate Duguid   *'The Fed Has Mishandled This About 7 Different Ways': SVB Rescue Sparks Backlash* by Victoria Guida   *Scrap the Bank Deposit Insurance Limit* by Lev Menand and Morgan Ricks

This seminar was given on May 2, 2019 by Yair Listokin, Shibley Family Fund Professor of Law at Yale Law School, as part of M-RCBG's weekly business and government seminar series.

Yair Listokin is a professor of law at Yale Law School and is the author of a new book titled, *Law and Macroeconomics*. He joins the show today to talk about the book as well as some of his new work. David and Yair also discuss sovereign wealth funds, the legal limits of central banks, and how to expand fiscal policy while making it more effective.   Transcript for the episode: https://www.mercatus.org/bridge/podcasts/04082019/law-and-macroeconomics   Yair’s Yale Law School profile: https://law.yale.edu/yair-listokin   Related Links:   *Law and Macroeconomics: Legal Remedies to Recessions* by Yair Listokin http://www.hup.harvard.edu/catalog.php?isbn=9780674976054   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth

After the economic crisis of 2008, private-sector spending took nearly a decade to recover. Yair Listokin thinks we can respond more quickly to the next meltdown by reviving and refashioning a policy approach whose proven success is too rarely acknowledged. Harking back to New Deal regulatory agencies, Listokin proposes that we take seriously law’s ability to function as a macroeconomic tool, capable of stimulating demand when needed and relieving demand when it threatens to overheat economies.

**Bruegel's Maria Demertzis welcomes Yale Law School professor Yair Listokin to this Director's Cut of 'The Sound of Economics', to discuss how law might be deployed as a macroeconomic tool to counter financial crisis.** In this episode of Director's Cut, Bruegel's deputy director Maria Demertzis talks to Yair Listokin, a professor at Yale Law School, about the effect law could have on achieving macroeconomic objectives. In his new book titled 'Law and Macroeconomics', Yair Listokin puts forward the idea that law has the ability to function as an instrument of macroeconomic policy. He argues that the time it took for private spending to recover after the 2008 financial crisis could have been cut, had legislation played a more vital role in the process. Here the two elaborate on these ideas, focusing particularly on the perceived trade-off between law's role in maintaining stability, and its potential to be used as a real-time response to economic shocks. They also discuss the applicability of this policy approach in the European reality of multiple legal frameworks and central banks struggling to stimulate aggregate demand at the zero lower interest rate bound. You can find more on macroeconomic policy in previous editions of the Director's Cut. First, we recommend Bruegel director Guntram Wolff's conversation about [the growth and stability challenges facing the global financial system,](http://bruegel.org/2018/10/directors-cut-how-to-reform-and-fortify-the-global-financial-system/) with Tharman Shanmugaratnam, deputy prime minister of Singapore and chair of the G20 Eminent Persons Group, and Jean Pisani-Ferry, mercator senior fellow at Bruegel. Second, consider Maria Demertzis' discussion with Martin Sandbu of the Financial Times, on the topic of [what the field of economics has learned in the decade since the financial crisis](http://bruegel.org/2018/10/directors-cut-is-economics-asking-the-right-questions/).

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to digicomm@uchicago.edu. Yair Listokin examined two alternative designs for hierarchical institutions—“bounded” and “unbounded”—and applied these insights to government appropriations, environmental law, and administrative law.

If you experience any technical difficulties with this video or would like to make an accessibility-related request, please send a message to digicomm@uchicago.edu. Yair Listokin examined two alternative designs for hierarchical institutions—“bounded” and “unbounded”—and applied these insights to government appropriations, environmental law, and administrative law.