Capital Accounts: Bank Capital, Crises, and the Determinants of an Optimal Regulatory Approach, 66 Hastings L.J. 1162 ( 2015) (reviewing ANAT ADMATI & MARTIN HELLWIG, THE BANKERS’ NEW CLOTHES: WHAT’S WRONG WITH BANKING AND WHAT TO DO ABOUT IT (2013); GARY B. GORTON, MISUNDERSTANDING FINANCIAL CRISES: WHY WE DON’T SEE THEM COMING (2012).
Journal Articles
Response: Radicalism and Democracy in Monetary System Reform, 75 Vand. L. Rev. En Banc 55 (2022).
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FedAccounts: Digital Dollars, 89 Geo. Wash. L. Rev. 113 (2020) (with Morgan Ricks & Lev Menand).
Safe Money, 104 Marq. L. Rev. 412 (2020).
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Making Money Safe, 95 Notre Dame L. Rev. Reflection 1 (2019).
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Resolution Triggers for Systemically Important Financial Institutions, 97Â Neb. L. Rev. 65 (2018).
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The Noneconomic Costs of Financial Crises, 70 Vand. L. Rev. En Banc 261 (2017).
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A Better Way to Revive Glass Steagall, 70 Stan. L. Rev. Online 1 (2017).
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Credible Losers: A Regulatory Design for Prudential Market Discipline, 54 Am. Bus. L.J. 107 (2017).
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Lesson Unlearned?: Regulatory Reform and Financial Stability in the Trump Administration, 117 Colum. L. Rev. Online 127 (2017).
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Shining a Light on Shadow Money, 69 Vand. L. Rev. En Banc 185 (2016).
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The Swaps Pushout Rule: Much Ado about the Wrong Thing?, 6 Harv. Bus. L. Rev. Online 19 (2015).
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The Moral Hazard Paradox of Financial Safety Nets, 26 Cornell J.L. & Pub. Pol’y 95 (2015).
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Wargaming Financial Crises: The Problem of (In)Experience and Regulator Expertise, 34 Rev. Banking & Fin. L. 111 (2015).
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‘Single Point of Entry’: The Promise and Limits of the Latest Cure for Bailouts, 109 Nw. U. L. Rev. Online 103 (2014).
Predicting Failure, 7 Va. L. & Bus. Rev. 171 (2012).
CDO Ratings and Systemic Instability: Causes and Cure, 7 N.Y.U. J. L. & Bus. 1 (2010 .
Hitting the Sweet Spot by Accident: How Recent Lower Court Cases Help Realign Incentives in the Credit Rating Industry, 42 CONNtemplations 13 (2009).
Miscellaneous
Memorandum on the Asset Management Industry, The Volcker Alliance Working Paper (Nov 2016).