Professor Kim Schoenholtz shares his views on the current state of credit markets
— June 15, 2017
Excerpt from The Economist -- "In some areas red tape surely has choked lending—notably residential mortgages, where recklessness led to catastrophe a decade ago. But the report pays scant attention to the possibility that slow growth may instead cause weak demand for credit. 'I don’t think the economy is credit-constrained,' says Kim Schoenholtz of New York University’s Stern School of Business."