10. Better Regulation
Traditional banks will focus on taking deposits and lending for productive purposes and leave other financial services to innovative new fintech and digital organizations. This decouples risk, liquidity and “know your customer” and ameliorates the conflict of interest from modern banking’s dual mission—the safety of customer money and financial returns for its shareholders. – Erica Schoder, R Street Institute
Featured Publications
Real Solutions Climate, Energy and Environment, Environmental Regulation, Low-Energy Fridays
Low-Energy Fridays: How should we think about rising hurricane costs?
Philip Rossetti
Oct 4, 2024
California Rejects AI Regulatory Extremism
Adam Thierer
Sept 30, 2024