We set up and begin discussing a paper that can be described as a Rosetta Stone for how to analyze the development, logics, mechanics, and impacts of fintech innovations from the 1980s onward — and the regulatory regime for financial markets that traces back to the New Deal. This paper is dense in the best way, so it demands (and deserves) a lot of focused time/attention. This episode establishes the bones of the analysis; the next one on the premium feed will flesh out the analysis.

The paper we discuss:

••• New Tech v. New Deal: Fintech as a Systemic Phenomenon | Saule T. Omarova https://scholarship.law.cornell.edu/cgi/viewcontent.cgi?article=2800&context=facpub

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Hosted by Jathan Sadowski (twitter.com/jathansadowski) and Edward Ongweso Jr. (twitter.com/bigblackjacobin). Production / Music by Jereme Brown (twitter.com/braunestahl)