<description>In a first-best world, we'd all save enough money and there'd be no scammers. In a second-best world, we'd all know how to protect ourselves. &lt;br/&gt;&lt;br/&gt;That's what Sheila Bair thought, too. As former chair of the FDIC, she noticed many kids &lt;em&gt;and&lt;/em&gt; adults weren't quite getting the education they needed. So, she decided to do something about it.&lt;br/&gt;&lt;br/&gt;Today on the show: What Sheila Bair has learned about American capitalism as one of its top regulators and how she's trying — one book at a time — to help new generations from falling into its traps.&lt;br/&gt;&lt;br/&gt;&lt;em&gt;We learned about &lt;/em&gt;&lt;a href="https://www.moneytalesbooks.com/"&gt;&lt;em&gt;Sheila Bair's kids books&lt;/em&gt;&lt;/a&gt;&lt;em&gt; from listener Erin Vetter. If you've come across anything that makes finance fun, email us! We're at &lt;/em&gt;&lt;a href="mailto:indicator@npr.org"&gt;&lt;em&gt;indicator@npr.org&lt;/em&gt;&lt;/a&gt;&lt;em&gt;. &lt;br/&gt;&lt;br/&gt;&lt;/em&gt;&lt;strong&gt;Related Episodes: &lt;br&gt;&lt;/strong&gt;&lt;a href="https://www.npr.org/2021/07/23/1019903606/mailbag-children-edition"&gt;Mailbag: Children Edition&lt;/a&gt;&lt;br&gt;&lt;a href="https://www.npr.org/2024/08/12/1197968112/best-economics-books-to-read-this-summer"&gt;Beach reads with a side of economics&lt;/a&gt; &lt;br/&gt;&lt;br/&gt;&lt;em&gt;For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at &lt;/em&gt;&lt;a href="http://plus.npr.org/"&gt;&lt;em&gt;plus.npr.org&lt;/em&gt;&lt;/a&gt;&lt;em&gt;.&lt;br/&gt;&lt;br/&gt;Music by &lt;/em&gt;&lt;a href="https://dropelectric.bandcamp.com/"&gt;&lt;em&gt;Drop Electric&lt;/em&gt;&lt;/a&gt;&lt;em&gt;. Find us: &lt;/em&gt;&lt;a href="https://www.tiktok.com/@planetmoney"&gt;&lt;em&gt;TikTok&lt;/em&gt;&lt;/a&gt;, &lt;a href="https://www.instagram.com/planetmoney/"&gt;&lt;em&gt;Instagram&lt;/em&gt;&lt;/a&gt;, &lt;a href="https://www.facebook.com/planetmoney"&gt;&lt;em&gt;Facebook&lt;/em&gt;&lt;/a&gt;, &lt;a href="https://www.npr.org/newsletter/money"&gt;&lt;em&gt;Newsletter&lt;/em&gt;&lt;/a&gt;&lt;em&gt;. &lt;/em&gt;&lt;br/&gt;&lt;br/&gt;Learn more about sponsor message choices: &lt;a href="https://podcastchoices.com/adchoices"&gt;podcastchoices.com/adchoices&lt;/a&gt;&lt;br/&gt;&lt;br/&gt;&lt;a href="https://www.npr.org/about-npr/179878450/privacy-policy"&gt;NPR Privacy Policy&lt;/a&gt;</description>

The Indicator from Planet Money

NPR

Why this former banking regulator is writing kids books

NOV 12, 20249 MIN
The Indicator from Planet Money

Why this former banking regulator is writing kids books

NOV 12, 20249 MIN

Description

In a first-best world, we'd all save enough money and there'd be no scammers. In a second-best world, we'd all know how to protect ourselves.

That's what Sheila Bair thought, too. As former chair of the FDIC, she noticed many kids and adults weren't quite getting the education they needed. So, she decided to do something about it.

Today on the show: What Sheila Bair has learned about American capitalism as one of its top regulators and how she's trying — one book at a time — to help new generations from falling into its traps.

We learned about Sheila Bair's kids books from listener Erin Vetter. If you've come across anything that makes finance fun, email us! We're at [email protected].

Related Episodes:
Mailbag: Children Edition
Beach reads with a side of economics

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

Learn more about sponsor message choices: podcastchoices.com/adchoices

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