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Banking Systems and Crises from Deposit Insurance to Stablecoins with Charles Calomiris | Hoover Institution
Jon Hartley and Charles Calomiris discuss banking crises, the Diamond-Dybvig model, deposit insurance, the history of bailouts and public subsidies for banking, the historical comparison of the US and Canada banking systems, quantitative easing and ample reserves banking, stablecoins, non-bank lenders, and Charlie’s magnum opus Fragile By Design.
Recorded on February 27, 2026.
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Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics…
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