2024-03-18
56 分钟Welcome to Macro musings, where each week we pull back the curtain and take a closer look at the most important macroeconomic issues of the past, present, and future.
I am your host, David Beckwourth, a senior research fellow at the Mercator center at George Mason University.
And I'm glad you decided to join us.
Our guest today is Anath Atmati.
Anat is a professor of finance and economics at Stanford University and is the co author of the 2013 book the Banker's New Clothes, what's wrong with Banking and what to do about it.
And she is also a previous guest of the podcast, so we encourage you to check out her previous shows.
Today, Anat joins us to talk about her new hot off the press 2024 expanded edition of this same book, and she joins us to talk about it and recent developments in banking.
Anat, welcome to the program.
Thank you.
Well, it's great to have you back on the show.
And I was comparing the new edition of the book to the old one.
The old edition had 416 pages.
This one has 624.
So you added a good amount of material to it.
Still an important book, but with more meat and more ideas to chew through.
So what motivated the editions?
In summer 2022, we were coming upon the decade birthday anniversary of the book, and this was a time at which it was post Covid.
It was ten years of elapsed.
It was the start of interest rate increases.
There was crypto, there were all these things.