Why this former banking regulator is writing kids books

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 indicator@npr.org.

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