Is Miami Becoming Wall Street South? With Citadel Securities President Jim Esposito | Hoover Institution

About this episode

Jon Hartley interviews Jim Esposito about the rise of Miami as a financial hub and the impact of AI in finance.

Jon Hartley and Jim Esposito discuss Jim’s beginnings, his career in senior roles at Goldman Sachs in New York and London, and moving to Miami to run one of the world’s largest broker-dealer and market makers, Citadel Securities. They also discuss the rising role Miami is playing in global capital markets (becoming “Wall Street South”) with Citadel’s moving its headquarters there, ongoing trends in the economy, and the rising role of AI in finance and business. Recorded on February 27, 2026. ABOUT THE SERIES Each episode of Capitalism and Freedom in the 21st Century, a video podcast series and the official podcast of the Hoover Economic Policy Working Group, focuses on getting into the weeds of economics, finance, and public policy on important current topics through one-on-one interviews. Host Jon Hartley asks guests about their main ideas and contributions to academic research and policy. The podcast is titled after Milton Friedman‘s famous 1962 bestselling book Capitalism and Freedom, which after 60 years, remains prescient from its focus on various topics which are now at the forefront of economic debates, such as monetary policy and inflation, fiscal policy, occupational…

People in this episode

Host: Jon Hartley

Guest: Jim Esposito

Topics covered

• finance
• capital markets
• AI in business
• broker-dealer
• Miami
• Wall Street South

Keywords

• Miami
• Citadel Securities
• Goldman Sachs
• AI
• capital markets
• finance
• Wall Street South

Mentioned in this episode

Organizations: Citadel Securities, Goldman Sachs, Hoover Institution

Books & works: Capitalism and Freedom

Places: Miami, New York, London

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