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The Economic Meltdown: What Have We Learned, if Anything? by Paul Krugman

The Economic Meltdown: What Have We Learned, if Anything?

by Paul Krugman

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1 Hr. 5 Min.
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Economist Paul Krugman asks how we got ourselves into another Great Depression in this streaming video lecture provided by MIT World. When the U.S. was rocked with economic crisis in 2008, Krugman explains that many experts were left confused. After all, we had 80 years to learn from the great banking collapse of the 1930s and had added fail-safes into the system to assure that it would never happen again. Unfortunately, the 2008 "great recession" turned out to be what Krugman describes as a "teched-up" version of what came before, and though the country was able to level off from the initial plummet, a future of long-term unemployment is still very possible. Krugman cautions that our slow recovery is not a complete success story, and goes on to formulate his ideas on where the World's leader should go next.


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  • LearnOutLoud.com Product ID: T044689