Norbert Michel

Norbert J. Michel

Former Director, Center for Data Analysis

Norbert Michel studied and wrote about financial markets and monetary policy, including the reform of Fannie Mae and Freddie Mac.

This expert is no longer a staff member at The Heritage Foundation.

Norbert J. Michel was the director of Heritage's Center for Data Analysis, where he specialized on issues pertaining to financial markets and monetary policy. He edited, and contributed chapters, to two books published by Heritage: The Case Against Dodd–Frank: How the “Consumer Protection” Law Endangers Americans, and Prosperity Unleashed: Smarter Financial Regulation.


Before rejoining Heritage in 2013, Michel was a tenured professor at Nicholls State University’s College of Business, teaching finance, economics and statistics. His earlier stint at Heritage was 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 built a logistic regression model to help predict bankruptcies of commercial clients. His work allowed Entergy to better monitor monetary losses caused by customers’ delinquent payments.


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 Alexandria, VA.


Prosperity Unleashed

Feb 28, 2017


The Case Against Dodd–Frank

Norbert Michel

Apr 26, 2016 1 min read



Rising Consumer Prices: Time to Eliminate Government-Imposed Economic Roadblocks Norbert J. Michel, Ph.D.

Aug 20, 2021 About an hour read


Interest-Rate Caps Harm Consumers Norbert J. Michel, Ph.D.

Aug 12, 2021 2 min read


Price Controls Do Not Work—Even in Credit Markets Norbert J. Michel, Ph.D.

Jul 29, 2021 5 min read


Interest-Rate Caps—Like Other Price Controls—Harm Consumers Norbert J. Michel, Ph.D.

Jul 27, 2021 12 min read


Inflation Fears Are Justified, but There’s No Reason To Panic (Yet) Norbert J. Michel, Ph.D.

Jul 27, 2021 3 min read



Extending the Durbin Amendment to the Credit-Card Market Will Harm Consumers Norbert J. Michel, Ph.D.

Jul 14, 2021 3 min read