Hester Peirce is a Senior Research Fellow at the Mercatus Center at George Mason University and director of Mercatus’ Financial Markets Working Group. She joins the show to discuss the new Mercatus book, Reframing Financial Regulation: Enhancing Stability and Protecting Consumers, which she coedited. The book examines the problems with the United States’ current financial regulation regime (including the Dodd-Frank Act) and offers alternative policies that rely less on a centralized regulation and more on market discipline. David’s blog: http://macromarketmusings.blogspot.com/ Hester’s Mercatus profile: https://www.mercatus.org/hester-peirce David’s Twitter: @davidbeckworth Hester’s Twitter: @HesterPeirce Reframing Financial Regulation: Enhancing Stability and Protecting Consumers edited by Hester Peirce and Benjamin Klutsey https://www.mercatus.org/publications/reframing-financial-regulation