Scholarship
The Money Problem: Rethinking Financial Regulation
Years have passed since the world experienced one of the worst financial crises in history, and while countless experts have analyzed it, many central questions remain unanswered.
In The Money Problem, Morgan Ricks addresses all of these questions and more, offering a practical yet elegant blueprint for a modernized system of money and banking—one that, crucially, can be accomplished through incremental changes to the United States’ current system.
U.S. Payments System at a Crossroads
A paper co-authored by Yesha Yadav unpacks how stablecoins and CBDCs can address financial inequalities and inefficiencies in the U.S. payment system and examines policy pathways for how they can be regulated effectively and safely.
Delaware's Shifting Role in Governance
“Delaware's Shifting Judicial Role in Business Governance,” a follow-up effort to a 2004 study co-authored by Randall Thomas, identifies significant changes and developments in the state’s corporate law landscape.