More on Finance and Banking


Too Big to Fail

By Mark A. Calabria. Morning Consult. July 2, 2015.

Export-Import Bank Closes: Kill Subsidies to Cut Federal Liabilities, Promote Economic Fairness

By Doug Bandow. Forbes. June 30, 2015.

Why US Allies Are Happy to Join China’s AIIB

By Swaminathan S. Anklesaria Aiyar. The Diplomat. June 30, 2015.

Cato Studies

The Supply of Transaction Assets, Nominal Income, and Monetary Policy Transmission

By Joshua R. Hendrickson and David Beckworth. Working Paper No. 31. June 23, 2015.

Investment Banks as Corporate Monitors in the Early 20th Century United States

By Carola Frydman and Eric Hilt. Research Briefs in Economic Policy No. 27. June 3, 2015.

International Developments in the Insurance Sector: The Road to Financial Instability?

By Therese M. Vaughan and Mark A. Calabria. Working Paper No. 30. May 27, 2015.


The Productivity Gap: Monetary Policy, the Subprime Boom, and the Post-2001 Productivity Surge

George Selgin, David Beckworth, and Berrak Bahadir. Journal of Policy Modeling. Vol. 37. No. 2. March 2015.

On the Political Possibility of Separating Banking and the State

Mark A. Calabria. The Journal of Private Enterprise. Vol. 29. No. 3. Fall 2014.

Monetary Austerity Explains Everything

Steve H. Hanke. OMFIF Bulletin. November 2014.

Public Filings

Credit Crunch: Is the CFPB Restricting Consumer Access to Credit?

By Mark A. Calabria. Testimony. July 24, 2012.

The Future of Capital Formation

By Richard W. Rahn. Testimony. May 10, 2011.

Resolving Non-Bank Financial Institutions

By Jeffrey Miron. Testimony. September 24, 2009.

Cato Reviews & Journals

Current Evidence on the Resource Costs of Irredeemable Paper Money

Tyler Watts and Lukas Snyder. Cato Journal. Spring/Summer 2015.

The Swiss Experiment: From the Lower Bound to Flexible Exchange Rates

Peter Bernholz. Cato Journal. Spring/Summer 2015.

The Market for Cryptocurrencies

Lawrence H. White. Cato Journal. Spring/Summer 2015.


Math Gone Mad: Systemic Dangers of the Federal Reserve’s Stress Tests

Featuring George Selgin and Kevin Dowd. June 4, 2015. Capitol Hill Briefing.

Capital Unbound: The Cato Summit on Financial Regulation

Featuring Mark A. Calabria, Kevin Dowd, George Selgin, & Thaya Brook Knight. June 2, 2015. Conference.

Cato Institute Panel at South by Southwest Interactive: Operation Choke Point and Alternative Currencies

Featuring Mark A. Calabria. March 16, 2015. Special Event.


A Century of the Federal Reserve: Success or Failure?

By Lawrence H. White. April 23, 2015.

Money Misinterpreted and Misunderstood

By Steve H. Hanke. May 30, 2014.

Role of Fannie & Freddie in Driving Financial System Leverage

By Mark A. Calabria. September 24, 2013.