Writing opinion pieces is useful for reaching a broader audience. I have focused significant efforts on opinion pieces in 2010-2014.
Selected Links
- Other People’s Money, Stanford Social Innovation Review Supplement on Realizing Democracy, Winter 2020
- How Business Schools Can Help Restore Trust in Capitalism, Harvard Business Review | September 3, 2019
- Why Financialized Corporate Governance Works Poorly, The Harvard Law School Forum on Corporate Governance and Financial Regulation | August 9, 2017
- Where’s the Courage to Act on Banks?, Bloomberg View | October 12, 2015 PDF
- We’re All Still Hostages to the Big Banks, New York Times | August 25, 2013 PDF
- Healthy banking system is the goal, not profitable banks (with 19 academics), Financial Times | November 9, 2010
2024
Accountability Holds the Key to Restoring Trust in Democracy, Anat Admati, Project Syndicate | June 10, 2024
Bailouts Forever, Anat Admati and Martin Hellwig, HyperText | May 23, 2024
Capital Confusion, Anat Admati and Martin Hellwig, HyperText | May 23, 2024
Nonsense and Bad Rules Persist in Banking, PDF Project Syndicate | April 8, 2024 (Republished by International Politics and Society (IPS) and MarketWatch Memo to Jamie Dimond and other bankers: What benefits large banks doesn’t necessarily benefit Americans )
Despite their ‘flawed claims’, banks need more equity, PDF, The Banker | March 18, 2024
The Bankers’ New Clothes (Excerpt), ProMarket | January 18, 2024
2023
When will they ever learn? The US banking crisis of 2023 VoxEU | May 18,2023
Credit Suisse: Too big to manage, too big to resolve, or simply too big? Centre for Economic Policy Research | May 8, 2023
2022
“Time for a crypto crackdown,” Stanford Institute for Economic Policy Research (SIEPR) Top economic policy challenges for 2023 | December 19, 2022
“Will 2023 Be a Year of Economic Crisis?” Project Syndicate | December 15, 2022 PDF
2021
“George Stigler and the Challenge of Democracy,” ProMarket | June 3, 2021, re-published in European Corporate Governance Institute blog July 19, 2021
“Corporations and Democracy: The Challenge, the Opportunities, and Essential First Steps,” Corporations and Society Initiative Blog, Stanford GSB | March 17, 2021
2020
“Business will Continue to Undermind Democracy,” in Predictions for Business and Society in 2021 (#13), Aspen Institutes | December 21, 2020
Milton Friedman and the Need for Justice, ProMarket | October 5, 2020, reprinted as “Anat Admati on Milton Friedman and Justice,” Stanford GSB Insight | October 8, 2020
Bad Policies Encourage and Tolerate Excessive Fragility, in OECD New Approaches to Economic Challenges: The Financial System, Summer 2020
Without Universal Testing, Recovery will be Slow, in “How to recover from the economic catastrophe we’re in,” LA Times | May 31, 2020 PDF
Letter to Congress on Corporate Bail Outs (Signed by over 230 leading Professor of Finance, Law and Economics), ProMarket | March 24, 2020
Other People’s Money, Stanford Social Innovation Review Supplement on Realizing Democracy, winter 2020 Reprinted as Democracy and Prosperity Require Uncorrupted Governments, Stanford GSB Insights | Feb 14, 2020.
2019
Political Economy, Blind Spots, and a Challenge to Academics, ProMarket | November 15, 2019
How Business Schools Can Help Restore Trust in Capitalism, PDF Harvard Business Review | September 3, 2019
2018
Fix the regulatory flaws in our fragile financial system, or risk another crisis City A.M. | June 12, 2018
Risks Grow as Reform Resolve Disappears, 2018 Global Public Investor, Official Monetary and Financial Institutions Forum
Financial crises, corporate scandals and blind spots: who is responsible?, London School of Economics Blog | January 25, 2018
2017
Why Financialized Corporate Governance Works Poorly, The Harvard Law School Forum on Corporate Governance and Financial Regulation | August 9, 2017
2016
In Banking It’s All Other People’s Money, The Washington Post | April 22, 2016 PDF
The Financial System Remains Too Fragile, Too Distorted, Too Dangerous, New York Times Room for Debate | April 14, 2016
2015
Janet Yellen, Time 100 most influential people list | April 15, 2015
Where’s the Courage to Act on Banks?, Bloomberg View | October 12, 2015 PDF
Designing and Enforcing Effective Financial Regulation, International Banker | May 25, 2015 PDF
2014
The Fed Is Failing to Encourage the Right Investments, New York Times Room for Debate | October 27, 2014
A Reckless Banking Industry is a Drag on the Economy (with Martin Hellwig), Financial Times | September 12, 2014
The Government Let Banks Have Too Much Debt and Not Enough Equity, New York Times Room for Debate | May 20, 2014
Immensity Undermines Responsibility, New York Times Room for Debate | January 12, 2014
2013
Tarp’s legacy is disturbing – the bank bailout five years later, The Guardian | October 2, 2013 PDF
Higher equity level for banks not such a bitter pill, Financial Times | September 16, 2013 PDF
Five Years of Financial Non-Reform, Project Syndicate | September 13, 2013 PDF
We’re All Still Hostages to the Big Banks, New York Times | August 25, 2013 PDF
Too Much Equity? In Anything, Brown-Vitter Asks Too Little, American Banker | June 24, 2013 PDF
Letter: Banks are not a special case on debt-equity ratio (with Martin Hellwig), Financial Times | May 20, 2013 PDF
The Emperors of Banking Have No Clothes (with Martin Hellwig), The Globalist | March 19, 2013
Don’t Trust These Bankers Who Want to Raise the Speed Limit (with Robert Jenkins, Bank of England), The Independent | March 15, 2013
Gutting Regulation May Help the Banker, But Harm Society, American Banker | March 8, 2013
Must Financial Reform Await Another Crisis? (with Martin Hellwig), Bloomberg View | February 6, 2013 PDF
The Case Against Banking’s Case for Less Capital (with Martin Hellwig), Bloomberg View | February 5, 2013 PDF
Emperors of Banking Have No Clothes (with Martin Hellwig), Bloomberg View | February 4, 2013 PDF
2012
The Great Bank Escape, Project Syndicate | December 31, 2012 PDF
What Obama Should Do Now: Make the Financial System Safer, The Washington Post | November 9, 2012 PDF
Why the Bank Dividends are a Bad Idea, Reuters | March 14, 2012 PDF
More bank equity serves us all better (with Neil Barofsky), Financial Times | March 6, 2012 PDF
2011
Easing capital rules would lead banks away from vital lending, Financial Times | August 23, 2011 PDF
Greenspan’s reasoning on ‘excessive’ equity is misleading(with 19 academics), Financial Times | August 2, 2011
Beware of Banks’ Flawed Focus on Return on Equity, New York Times DealBook | July 25, 2011 PDF
An Open letter to JPMorgan Chase Board of Directors, Reuters | June 14, 2011 PDF
Battle to Regulate Banks Has Just Begun/Global Level Playing Field Arguments are Invalid (with Martin Hellwig), Financial Times | June 3 & June 7, 2011
Rethinking how banks create value, FS Focus Magazine | June 2011
Containing the Debt Crisis, New York Times Room for Debate | May 24, 2011
Stock Market Sensitivities, New York Times Room for Debate | April 18, 2011
Fed Runs Scared with Boost to Bank Dividends, Bloomberg | Febuary 24, 2011 PDF
Only recapitalized banks should pay dividends (with 16 academics), Financial Times | February 15, 2011
Banks Need to Generate Investor Value without Subsidies, Financial Times | February 9, 2011
Address Excessive Leverage, New York Times Room for Debate | January 31, 2011
Excessive bank dividends drain the system of essential capital Financial Times | January 28, 2011
Dividents Can Wait Until the Banks are Stronger, PDF Financial Times | January 19, 2011
2010
Bankruptcy is Not an Option, New York Times Room for Debate | December 8, 2010
What Jamie Dimon Won’t Tell You, Huffington Post | December 4, 2010 PDF
Highly leveraged lenders inflict great suffering on society, Financial Times | Deember 2, 2010 PDF
Healthy banking system is the goal, not profitable banks (with 19 academics), Financial Times | November 9, 2010 PDF
How the U.S. Air Force fought suicide, and we can, too, Palo Alto Weekly | April 23, 2010