THE CENTER ON FINANCE, LAW, AND POLICY at the University of Michigan is an interdisciplinary research center which draws together faculty and students from more than a dozen of Michigan’s nineteen schools and colleges to work on a broad range of research projects focused on creating a financial system that is safer, fairer, and better harnessed to the real economy.
Founded in 2013 by faculty from Michigan Law School, Michigan Ross School of Business, Michigan Ford School of Public Policy, and Michigan College of Engineering, the Center on Finance, Law, and Policy brings together leading scholars from a broad range of disciplines to conduct theoretical, empirical, and applied research aimed at transforming financial policy, financial regulations, financial products and services, and financial institution management.
In the three years since the Center on Finance, Law, and Policy was established, it has hosted several large-scale workshops, conferences, and talks bringing together scholars, current and former government officials, industry, non-profit, and community leaders to focus on important issues. These events include:
- A large-scale conference, co-hosted with the U.S. Office of Financial Research and featuring former U.S. Treasury Secretary Lawrence Summers, exploring how methods from diverse fields can be used to better identify, measure, monitor, and mitigate risks in the financial system;
- A roundtable discussion with former Treasury secretary Timothy F. Geithner discussing ways to advance research on the causes of the financial crisis, crisis prevention, and crisis response;
- A talk with Center for American Progress President Neera Tanden about income inequality;
- Dozens of informal talks by Michigan faculty on topics ranging from pensions to international law;
- A conference featuring keynote speaker Richard Cordray, Director of the Consumer Financial Protection Bureau, evaluating post-financial crisis domestic and international financial reforms and discussing what needs to be done to create a fairer and safer financial system.
Additionally, in 2016, the Center helped launch one of the University’s first interdisciplinary clinics, the Detroit Neighborhood Entrepreneurs Project, which works in partnership with Detroit Development Fund and Lifeline to connect Detroit small business owners with students from the law school, business school, and school of art and design to meet clients’ legal and business needs in a holistic way.
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