EconTalk Archives, 2013   /     Richard Fisher on Too Big to Fail and the Fed

Description

Richard Fisher, President of the Federal Reserve Bank of Dallas, talks with EconTalk host Russ Roberts about the problems with "too big to fail"--the policy idea that certain financial institutions are too large to face the bankruptcy or failure and need to be rescued or bailed-out. Fisher argues that "too big to fail" remains a serious problem despite claims that recent financial regulation has eliminated it. Fisher discusses various ways to deal with too-big-to-fail, including his own preferred policy. The last part of the conversation deals with quantitative easing and monetary policy during the crisis.

Subtitle
Richard Fisher talks with host Russ Roberts about the problems with "too big to fail"--the policy idea that certain financial institutions are too large to face the bankruptcy or failure and need to be rescued or bailed-out. Fisher argues that "too big to
Duration
1:00:16
Publishing date
2013-12-30 11:30
Contributors
  EconTalk: Russ Roberts
author  
Enclosures
http://files.libertyfund.org/econtalk/y2013/FisherFed.mp3
audio/mpeg