showing.humans do not learn from history.
in large part thanks to lobbying and campaign contributions by financial firms, Congress rolled back regulations.Īccount. troubling story of the last 40 years, during which. This engaging history documents the country’s financial crises, focusing on those of the 1920s, the 1980s, and the 2000s, and reveals how the more recent crises arose from the neglect of this fundamental bargain, and how taxpayers have been left with the bill.įeatured on the " Test" of the Campaign for the American Reader : įoreign Affairs: Day tells the story of U.S. By the free-market era of the 1980s and ’90s, however, Wall Street argued that rules embodied in New Deal–era regulations to protect consumers and ultimately taxpayers were no longer needed-and government agreed. While these regulations have evolved over time, the underlying bargain played a major role in preserving the stability of the financial markets and the larger economy. Bankers gained a safety net in exchange for certain curbs on their freedom: transparency rules, record-keeping and antifraud measures, and fiduciary responsibilities. financial sector struck a grand bargain with the federal government. In the 1930s, battered and humbled by the Great Depression, the U.S. Ten years after the Great Recession, a history of major financial crises-and how taxpayers have been left with the bill On Marketplace for National Public Radio, discussion of the pandemic of 1918 10 minutes 45 seconds into the podcast and on Yahoo Finance SNF Agora Institute Hopkins The Politics and Policy of COVID-19 "Understanding the Global Economic Impact of COVID-19" From Johns Hopkins: Read this interview, and hear this podcast įrom Climate One: COVID-19 and Climate: Economic Impacts We'll get through this, but there will be tough times ahead.
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How to help the economy? With money, yes, but delivered with oversight and transparency. We've been here before, with the flu pandemic of 1918.
On Marketplace for National Public Radio: Is the pandemic sending us into a Great Depression?įraud was inevitable once the war against inspectors general began:Īnd Paycheck Protection Program has it's own illness: Greed and incompetence NPR's TED Radio Hour: What The 1929 Crash Teaches Us About The 2020's Economic Crisis Why the attempted coup is bad for business, among other things.on Marketplace on NPR: NPR Ted Radio, Listen Again: A century of Money:
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I'm part of a #Webby nominated podcast series for BEST Limited Series in Science and Education, about the pandemic and climate: Listen (and vote) here: Īre We Headed to a Roaring 1920s Economy? The debt ceiling isn't new, but the acrimony is: The ultimate political football: 6, 2021, changed the course of their research and how it might have forever altered American democracy ĭo overly big companies wield too much power, eroding the middle class and undermining democracy? My overview of Biden's antitrust initiative-including a short history of antitrust. Johns Hopkins scholars discuss how the insurrection at the U.S.
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