Cornell Law School's Professor Dan Awrey and University of Michigan Law School's Vic Khanna join us to discuss financial markets (or as our guests call it, the broader financial system) in both countries. We discuss the history of financial markets in both countries, the need for a robust financial system, the current legal framework, the challenges facing both countries, and the systemic response to adverse shocks like COVID and demonetization. 

This episode also includes Professor Awrey's brief comparison of the American, Canadian, and British driver's tests. You may guess which one he liked the best.

This is Part I of a two-part series on the financial system. Part II will be out next week!