Adumbration

It's mis-stating the situation to blame free markets on the recent financial crisis when a free market would not protect fraudsters and financial idiots from their own risky behavior. more »

The discussion expands on a paper critiquing the economics profession relative to the belief that monetary policy had "solved" the problem of the business cycle. Later parts of the discussion involves assessments of risk, false presumptions that one can… more »

on the advent of the internet, net neutrality, the market for software engineers, and the aesthetic sense of the really good ones Hacking, Open Source, and the Cathedral and the Bazaar (1/19/2009) - Eric Raymond, author of The Cathedral and the Bazaar… more »

A comprehendible discussion of credit default swaps and related matters associated with the problems in financial markets. Kling is formerly with the Fed and Fredie Mac Credit Default Swaps, Counterparty Risk, and the Political Economy of Financial Re… more »

This episode brought in the sales manager at the Honda dealership where Roberts had recently purchased a car,  but almost walked out before doing so on getting the sense of a "bait and switch" situation.  The discussion explains much of how dealerships… more »

These two episodes discuss gold standard alternatives to fiat money as currently handled by the Federal Reserve, the context of fractional reserve banking, Fed interest rate actions effect on the money supply, and related topics. The discussion of the B… more »

Life and Debt (2001), Stephanie Black, Director - there are other factors effecting the island economy, and what the film failed to address was even the existence more »