Category: "the crisis"
Modern Monetary Theory - Fraud 3 - Budget deficits
July 20th, 2012This is the third part of a critique of some of the thoughts expressed by Warren Mosler in his booklet "Seven Innocent Deadly Frauds of Economic Policy" more »
Modern Monetary Theory - Fraud 2 - Debt
July 18th, 2012This is the second part of a critique of some of the thoughts expressed by Warren Mosler in his booklet "Seven Innocent Deadly Frauds of Economic Policy" more »
Modern Monetary Theory - Fraud 1 - Government Spending
July 16th, 2012This is the first part of a critique of some of the thoughts expressed by Warren Mosler in his booklet "Seven Innocent Deadly Frauds of Economic Policy" more »
Modern Monetary Theory - Introduction
July 14th, 2012This essay is about Warren Mosler's booklet entitled "SEVEN DEADLY INNOCENT FRAUDS OF ECONOMIC POLICY" more »
stimulus on econtalk
June 20th, 2012Fazzari supports the stimulus program, which adds interest to the discussion of how we know what we know in economics - how would we know if things would have been worse without the stimulus, versus that the stimulus didn't work or made things worse. F… more »
knowledge and power on econtalk
May 29th, 2012This episode wraps around the context of our modern economy, focusing on features of increased specialization and dispersion of knowledge, and what checks are there to institutional size and scope. Addresses whether we must have concentration o… more »
the crisis, summary, on econtalk
May 17th, 2010This 'cast condenses into 90 minutes the prior 18 months or so of observation, analysis, and theorizing about the financial crisis. Roberts' strengths include being able to develop coherent narratives that relate well-known observations of human behavi… more »
black swans on econtalk
May 3rd, 2010Taleb makes the point that debt makes us fragile - the more the worse. I don't think our political leaders recognize this problem. Taleb was also recently interviewed on Planet Money.
Black Swans, Fragility, and Mistakes (5/3/2010) - Nassim Taleb, au… more »
bailouts on econtalk
March 1st, 2010If you had reason to believe that someone would bail you out if your investments turned bad and you ended up over your head, would you be more or less prudent in the choice of those investments? These three episodes provide different perspectives to th… more »
Matt Taibbi on Bear Stearns
October 25th, 2009Interesting.
<BEGIN RANT>
Taibbi describes many events of the preceding months, weeks, and days that showed BS was closer and closer to the brink. Given what was apparently known, quite broadly in that industry, about the fragile state of Bear… more »
