Why ‘deregulation’ doesn’t really exist or help protect consumers

  • Paul Constant is a writer at Civic Ventures, a cofounder of the Seattle Review of Books, and a frequent cohost of the “Pitchfork Economics” podcast with Nick Hanauer and David Goldstein.
  • In this week’s episode of Pitchfork Economics, Hanauer and guest cohost Jessyn Farrell spoke with Anat Admati, a finance professor at Stanford’s Graduate School of Business, on how banking is regulated in the US.
  • Admati says it’s natural for elected leaders to create more safety nets to make banking safe for American consumers.
  • The concept of government ‘deregulation’ won’t result in less regulations, Admati explains, but