News in Systemic Risk: Tuesday, May 18, 2021 (10 a.m. ET) May 18, 2021 Do we need ‘public money’? (Jon Cunliffe; Bank of England) The Legal Origins of Financial Development: Evidence from the Shanghai Concessions (Ross Levine, Chen Lin, Chicheng Ma, Yuchen Xu; National Bureau of Economic Research) Central bank communication: Remember who’s talking (In Do Hwang, Thomas Lustenberger, Enzo Rossi; VoxEU) Cash infrastructure as public good – implications for the cash cycle (Martina Horáková; Central Banking) Related Stories High School Students Visit Yale SOM for Introduction to Careers in Business and Economics Visiting Yale, Treasury Secretary Janet Yellen Hails Program on Financial Stability Program on Financial Stability Receives $7.5 million