Katharina Pistor: Creating A Legal Foundation For Finance

The video explores new economic thinking, focusing on the legal theory of finance. It discusses the role of law in structuring financial systems and the need for adaptability in regulations. The conversation covers the Eurozone crisis, highlighting the selective suspension of laws to stabilize the system. The discussion extends to European integration, emphasizing the need for risk and cost-sharing in a common currency. The video also touches on the perception changes post-crisis and the importance of global networks in expanding financial theories.

What does the term 'safety valves' refer to in the context of financial law?

What are the potential consequences of suspending the full force of the law during a crisis?

How does the text describe the relationship between the ECB and national laws?

In what ways can historical legal frameworks inform current financial practices?