40 - Anat Admati on Debt, Equity, and Financial Instability
Macro Musings with David Beckworth - Podcast autorstwa Mercatus Center at George Mason University - Poniedziałki
Anat Admati is the George G.C. Parker Professor of Finance and Economics at Stanford University’s Graduate School of Business and co-author of the book, *The Bankers’ New Clothes: What’s Wrong with Banking and What to Do About It.* She joins the show to discuss her book, which argues that America’s banking system continues to be dangerously fragile even in the aftermath of the Dodd-Frank Act. Anat argues that banks take on too much leverage and that they should be required to hold more equity. Dav
