Norbert Michel

Vice President and Director, Center for Monetary and Financial Alternatives

Cato Institute

Norbert Michel

Vice President and Director, Center for Monetary and Financial Alternatives

Cato Institute

Norbert Michel is vice president and director of the Cato Institute’s Center for Monetary and Financial Alternatives, where he specializes on issues pertaining to financial markets and monetary policy. Michel was most recently the Director for Data Analysis at the Heritage Foundation where he edited, and contributed chapters, to two books: The Case Against Dodd–Frank: How the “Consumer Protection” Law Endangers Americans, and Prosperity Unleashed: Smarter Financial Regulation

Michel was previously a tenured professor at Nicholls State University’s College of Business, teaching finance, economics and statistics. Before that, he worked at Heritage as a tax policy analyst in the think tank’s Center for Data Analysis from 2002 to 2005. He previously was with the global energy company Entergy, where he worked on models to help predict bankruptcies of commercial clients.

Michel holds a doctoral degree in financial economics from the University of New Orleans. He received his bachelor of business administration degree in finance and economics from Loyola University. He currently resides in Virginia.

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Contributions

Central Bank Digital Currency: A Benefit or a Burden for Citizens?

October 30, 2023

How is a Central Bank Digital Currency (or CBDC) different from other cryptocurrencies or from digital money that people spend using debit and credit cards? A CBDC would be directly controlled and operated by the government rather than private financial institutions.

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Deep Dive Episode 227 – Crypto Wars: Balancing Privacy versus National Security

July 1, 2022

An expert panel debates how digital asset policies can protect freedom and privacy while maintaining safety from bad actors.

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Crypto Wars: Balancing Privacy versus National Security

July 1, 2022

An expert panel debates how digital asset policies can protect freedom and privacy while maintaining safety from bad actors.

Watch this video

Financial Privacy And The Fourth Amendment: Restoring Balance To The Crypto Universe

Norbert Michel

June 23, 2022

On Tuesday June 7, I had the privilege of participating in Crypto Wars: Balancing Privacy versus National Security, a Federalist Society panel moderated by Dina Rochkind. The other panelists–Michele Korver, Kathy Kraninger, and Mick Mulvaney–and I discussed a wide range of issues related to the current regulatory environment for digital assets, a bit broader than the title might suggest.

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Deep Dive Episode 127 – Should the Fed Create Fedcoin, Digital Dollars, and Fed Accounts?

August 25, 2020

Some say the U.S. Federal Reserve should issue a  “Fedcoin” or “digital dollar.” This live podcast discusses the pros and cons of such a move.

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