35 min listen
John Taylor on the Financial Crisis
FromEconTalk
ratings:
Length:
57 minutes
Released:
Jul 20, 2009
Format:
Podcast episode
Description
John Taylor of Stanford University talks with EconTalk host Russ Roberts about the fundamental causes of the financial crisis of 2008. Taylor argues that the housing bubble of the early 2000s was caused by excessively loose monetary policy, in particular, a sustained period of excessively low interest rates pursued by the Federal Reserve. Other topics covered include rules vs. discretion in monetary policy and the risks of inflation in the coming months. The conversation concludes with a discussion of the impact of the current crisis on future monetary policy and the field of macroeconomics.
Released:
Jul 20, 2009
Format:
Podcast episode
Titles in the series (100)
The Economics of Parenting: Parenting and incentive compatibility, by Russ Roberts and Don Cox by EconTalk