Financing Opportunity explains that robust financial markets have always been prominent in America, and why they remain so beneficial today.
Norbert J. Michel is vice president and director of the Cato Institute's Center for Monetary and Financial Alternatives, where he specializes in issues pertaining to financial markets and monetary policy. Michel is the author of Why Shadow Banking Didn't Cause the Financial Crisis: And Why Regulating Contagion Won't Help.
Jennifer J. Schulp is the director of financial regulation studies at the Cato Institute's Center for Monetary and Financial Alternatives, where she focuses on the regulation of securities and capital markets. She has testified before Congress multiple times, including before the U.S. Senate Committee on Banking, Housing, and Urban Affairs and the U.S. House Committee on Financial Services.