Economic Crisis 2008–09

Miscellaneous items by date

• Payroll Tax (November 19, 2009)
  interview with featured guest Michael J. Boskin
  Discussing alternative stimulus plans, with Michael Boskin, Stanford University and Steve Moore, The Wall Street Journal. . . .
• Posner on the Financial Crisis (November 16, 2009)
  by Russell Roberts
  Richard Posner, federal judge and prolific author, discusses the financial crisis with EconTalk host Russ Roberts. Posner (despite the title of his recent book on the crisis, A Failure of Capitalism) places most of the blame for the crisis on the Federal Reserve, inattentive regulators and the subsidization of risk. . . .
• Sumner on Monetary Policy (November 9, 2009)
  by Russell Roberts
  this podcast mentions John B. Taylor
  Scott Sumner of Bentley University and the blog The Money Illusion talks with host Russ Roberts about monetary policy and the state of the economy. . . .
• Road to Economic Recovery (November 3, 2009)
  interview with featured guest Edward Paul Lazear
  Today's construction spending data, pending home sales data and ISM Index were strong examples of an economic recovery...
• Testimony By John B. Taylor Subcommittee on Commercial and Administrative Law Committee on the Judiciary United States House of Representatives (October 30, 2009)
  by John B. Taylor
  Thank you for the opportunity to provide testimony for this hearing on bankruptcy and non-bankruptcy alternatives for failing non-bank financial institutions...
• House Oversight Cmte. Hearing on Executive Compensation (October 29, 2009)
  this video features Russell Roberts
  Recently, TARP Adviser Kenneth Feinberg announced plans to revise compensation packages for the highest-paid executives at banks receiving federal bailout money...
• Ferguson, Rogoff Speak (October 29, 2009)
  interview with featured guest Niall Ferguson
  Harvard University professors Kenneth Rogoff and Niall Ferguson talk with Bloomberg's Tom Keene and Ken Prewitt about the outlook for the global financial crisis...
• Is An Economic Relapse Coming? (October 29, 2009)
  interview with featured guest Niall Ferguson
  Discussing whether the economy should brace itself for a relapse, with Mort Zuckerman, U.S. News & World Report; Niall Ferguson, Harvard University and James Paulsen, Wells Capital Management...
• Calomiris on the Financial Crisis (October 26, 2009)
  by Russell Roberts
  interview with featured guest Charles Calomiris
  Charles Calomiris of Columbia Business School talks with EconTalk host Russ Roberts about the financial crisis...
• Calomiris on the financial crisis (October 26, 2009)
  Charles Calomiris, member of Hoover’s Property Rights Task Force and professor at Columbia University’s Business School, talks with Hoover research fellow and EconTalk host Russ Roberts about the financial crisis.
• Taylor provides opening statement (October 22, 2009)
  John Taylor, the Bowen H. and Janice Arthur McCoy Senior Fellow at the Hoover Institution, provides an opening statement about bankruptcy and non-bankruptcy alternatives for failing non-bank financial institutions before the House Judiciary Committee’s Subcommittee on Commercial and Administrative Law.
• Niall Ferguson: U.S. Empire in Decline, on Collision Course with China (October 21, 2009)
  interview with featured guest Niall Ferguson
  The U.S. is an empire in decline, according to Niall Ferguson, Harvard professor and author of The Ascent of Money...
• Ferguson Discusses US Banking System, Economy (October 19, 2009)
  interview with featured guest Niall Ferguson
  Niall Ferguson, a professor at Harvard University, talks with Bloomberg's Erik Schatzker and Deirdre Bolton about the state of the US...
• As Goldman Gloats, What Does It Matter for Us? (October 19, 2009)
  by Russell Roberts
  Goldman Sachs' third quarter profits were an immodest $3.2 billion...
• Ed Lazear, White House Council of Economic Advisers (October 12, 2009)
  interview with featured guest Edward Paul Lazear
  A discussion about expectations for earnings season amid concerns about the economic recovery, with skyrocketing gold and commodities prices, and a weakening dollar...
• Gary Stern on Too Big to Fail (October 5, 2009)
  by Russell Roberts
  Gary Stern, former President of the Minneapolis Federal Reserve Bank, talks with EconTalk host Russ Roberts about Stern's book, Too Big To Fail (co-authored with Ron Feldman), a prescient warning of the moral hazard created when government rescues creditors of financial institutions from the consequences of bankruptcy...
• Cohan on the Life and Death of Bear Stearns (September 28, 2009)
  by Russell Roberts
  William Cohan, author of House of Cards: A Tale of Hubris and Wretched Excess on Wall Steet, talks with EconTalk host Russ Roberts about the life and death of Bear Stearns...
• One Year In: What Do We Know About the Financial Crisis? (September 18, 2009)
  by Russell Roberts
  One Year In: What Do We Know About the Financial Crisis?...
• Did the Stimulus Work? (September 18, 2009)
  interview with featured guest John B. Taylor
  Discussing household net worth turned positive for the first time in two years, with John Taylor, Stanford University economics professor and CNBC's Steve Liesman...
• Lehman Anniversary (September 16, 2009)
  interview with featured guest David R. Henderson
  One year ago today, the global financial services firm Lehman Brothers filed for bankruptcy...
• Nye on the Great Depression, Political Economy, and the Evolution of the State (September 14, 2009)
  by Russell Roberts
  John Nye of George Mason University talks with EconTalk host Russ Roberts about the Great Depression, the evolution of the State, and attitudes people have toward free markets...
• Taylor's Ruling: Government Created Credit Crisis (September 11, 2009)
  interview with featured guest John B. Taylor
  James Freeman interviews Stanford professor John Taylor about how Washington created the credit meltdown...
• Becker defends Chicago school (September 8, 2009)
  interview with featured guest Gary S. Becker
  The ”Chicago school” of free market-centric economics, highly influential in forming laisser faire policies, has faced fierce criticism in the wake of the financial crisis...
• Evaluating the Stimulus Package (September 8, 2009)
  interview with featured guest John B. Taylor
  This week Vice President Joe Biden touted the economic stimulus package, saying that the $787 billion stimulus has created or saved 150,000 jobs in its first 200 days...
• Spotlight on Jobs (September 4, 2009)
  interview with featured guest John B. Taylor
  Insight on the jobs front, with John Taylor, Hoover Institution; and CNBC's Steve Liesman & Larry Kudlow...
• Ferguson Interview on Banking Industry, 'Fiscal Crisis' (September 3, 2009)
  interview with featured guest Niall Ferguson
  Niall Ferguson, a professor at Harvard University, talks with Bloomberg's Tom Keene and Ken Prewitt about efforts to aid the U.S. economy and the potential for a fiscal crisis...
• GOP Principles with Thaddeus McCotter: Chapter 2 of 5 (September 1, 2009)
  by Peter M. Robinson
  Rep. Thaddeus McCotter explains the substantive differences between conservatives and the Obama administration relative to the stimulus...
• Red Ink Watch: How Bad Is the Deficit? (August 26, 2009)
  interview with featured guest John B. Taylor
  Hoover Institutions John Taylor on why the deficit poses a systemic risk...
• Hopey Changey Give-Away (August 19, 2009)
  by David Davenport
  My new favorite bumper sticker reads: "How's that hopey-changey thing working out for you?"...
• More Americans Choosing to Rent (August 7, 2009)
  interview with featured guest Thomas Sowell
  Economist Thomas Sowell on what the shrinking rate of U.S. homeowners means for the future...
• Stimulus has yet to really boost GDP (August 4, 2009)
  this video includes quotes from Edward Paul Lazear
  The nation's economy is starting to rebound, but the Obama administration's massive stimulus package had little to do with it...
• Letter: It’s Worth the Trouble To Value Toxic Assets (August 3, 2009)
  by John B. Taylor and Kenneth E. Scott
  The letters (July 27) on our July 20 op-ed on the complexity and pricing difficulty of toxic assets raise practical issues...
• Recession's end near? (August 3, 2009)
  interview with featured guest Niall Ferguson
  Are we done with this recession?...
• Jobs and the Economy (July 30, 2009)
  interview with featured guest David R. Henderson
  Recent economic data indicate that the economy may be slowly creeping out of recession...
• Voight Blasts Obama's Job Performance (July 15, 2009)
  this video mentions Thomas Sowell
  Actor Jon Voight came under attack for criticizing the president in a recent speech, but that's not stopping him from vocalizing his anger with the administration...
• Chimerica (July 14, 2009)
  this video features Niall Ferguson
  Niall Ferguson and James Fallows discuss the influence of China on the U.S. economy with moderator Scott Stossel...
• Justin Fox on the Rationality of Markets (July 13, 2009)
  by Russell Roberts
  Justin Fox, author of The Myth of the Rational Market, talks about the ideas in his book with EconTalk host Russ Roberts...
• Housing with Thomas Sowell: Chapter 5 of 5 (July 10, 2009)
  by Peter M. Robinson
  interview with featured guest Thomas Sowell
  Thomas Sowell scrutinizes the economic proposals of the Obama administration...
• Housing with Thomas Sowell: Chapter 4 of 5 (July 9, 2009)
  by Peter M. Robinson
  interview with featured guest Thomas Sowell
  Thomas Sowell details the pitfalls of New Deal thinking...
• Housing with Thomas Sowell: Chapter 3 of 5 (July 8, 2009)
  by Peter M. Robinson
  interview with featured guest Thomas Sowell
  Thomas Sowell describes the origins and unique features of the housing bust...
• Taylor Says Previous Stimulus Package `Not Working': Video (July 8, 2009)
  interview with featured guest John B. Taylor
  John Taylor, an economics professor at Stanford University, talks with Bloomberg Carol Massar and Mark Crumpton about the potential for a second U.S. economic stimulus package...
• Housing with Thomas Sowell: Chapter 2 of 5 (July 7, 2009)
  by Peter M. Robinson
  interview with featured guest Thomas Sowell
  Thomas Sowell discusses the politics of the housing boom...
• Is Barney Frank Ushering in a Second Housing Crisis? (Transcript) (July 7, 2009)
  interview with featured guest Thomas Sowell
  You thought the housing crisis was a blast, you ain't seen nothing yet...
• Rolling the Dice (Video) (July 7, 2009)
  interview with featured guest Thomas Sowell
  You thought the housing crisis was a blast, you ain't seen nothing yet...
• Is inflation or unemployment worse? (July 7, 2009)
  interview with featured guest Niall Ferguson
  Business Daily unravels the big debate of our time with the help of two of the biggest thinkers on the planet...
• Harvard Business Review Special Issue, “Managing in the New World,” Examines Transformed Business Landscape (July 1, 2009)
  this item mentions Niall Ferguson
  As the global economy shows signs of recovery, a special issue of Harvard Business Review (www.hbr.org) explores how the economic crisis has fundamentally altered the business landscape and what the implications are for business leaders, organizations, and public policy...
• Watch Niall Ferguson's "The Ascent Of Money" (June 30, 2009)
  this video features Niall Ferguson
  The first episode of Niall Ferguson’s The Ascent of Money won't air on PBS until July 8...
• GPS: Krugman and Taylor (June 29, 2009)
  interview with featured guest John B. Taylor
  Paul Krugman and John B. Taylor debate the origins of the financial crisis and the proposed health care plan...
• China v. US: My empire is bigger than yours (June 25, 2009)
  interview with featured guest Niall Ferguson
  What happens when a rising power lends money to the world's biggest power?...
• The State of the Economy (June 24, 2009)
  interview with featured guest Edward Paul Lazear
  Discussing what to expect from tomorrow's Fed decision, with Ed Lazear, former Council of Economic Advisers chairman and Martin Baily, Brookings Institute senior fellow...
• John Taylor, Fmr. Treasury Undersec., Bush Admin. (2001-05) (June 24, 2009)
  interview with featured guest John B. Taylor
  Fmr. Treasury Undersecretary John Taylor (2001-2005) spoke about the economy, including the deficit, and the stimulus passed by the Obama Administration...
• The Road Ahead for the Fed, by George Shultz, Allan Meltzer, Peter Fisher, Donald Kohn, James Hamilton, John Taylor, Myron Scholes, Darrell Duffie, Andrew Crockett, Michael Halloran, Richard Herring, and John Ciorciari (June 22, 2009)
  by Hoover Institution
  In this new book, The Road Ahead for the Fed (Hoover Press, 2009), coeditors John B. Taylor and John D. Ciorciari bring together twelve leading experts to examine and debate proposals for financial reform and exit strategies from the financial crisis.
• Obama proposes remaking rules governing finance (June 22, 2009)
  interview with featured guest Russell Roberts
  The way the financial industry is regulated will change dramatically if a proposal by the Obama administration passes Congress...
• Munger on Franchising, Vertical Integration, and the Auto Industry (June 22, 2009)
  by Russell Roberts
  Michael Munger, of Duke University, talks with EconTalk host Russ Roberts about franchising, particularly car dealerships...
• From Hoover Press: The Road Ahead for the Fed, by George Shultz, Allan Meltzer, Peter Fisher, Donald Kohn, James Hamilton, John Taylor, Myron Scholes, Darrell Duffie, Andrew Crockett, Michael Halloran, Richard Herring, John Ciorciari (June 22, 2009)
  this item mentions George P. Shultz and John B. Taylor
  In this new book, The Road Ahead for the Fed (Hoover Press, 2009), coeditors John B. Taylor and John D. Ciorciari bring together twelve leading experts to examine and debate proposals for financial reform and exit strategies from the financial crisis...
• Need credit? Ask your community (June 18, 2009)
  interview with featured guest Stephen Haber
  Working around unavailable credit, Mexican communities developed a system called tanda to borrow money from their community...
• Government Caused, Prolonged and Worsened Financial Crisis, Respected Stanford Professor John Taylor Tells CFALA Members (June 12, 2009)
  this item features John B. Taylor
  The primary causes of the current financial crisis were government actions and interventions, not sub-prime mortgages, misbehavior on Wall Street or any inherent flaw in the U.S. economy, Stanford University Professor John B. Taylor told attendees at the annual meeting of the CFA Society of Los Angeles (CFALA) Wednesday night...
• Rebonato on Risk Management and the Crisis (June 8, 2009)
  by Russell Roberts
  Riccardo Rebonato of the Royal Bank of Scotland and author of Plight of the Fortune Tellers talks with EconTalk host Russ Roberts about the challenges of measuring risk and making decisions and creating regulation in the face of risk and uncertainty...
• Econquotes: By Shlaes, Becker, Barro, Forbes, Wen Jiabao, etc. (June 4, 2009)
  this item includes quotes from Robert J. Barro and Gary S. Becker
  Further quotations on the economy...
• Professor Niall Ferguson explains why he thinks Gordon Brown is incapable of effectively pulling the UK out of recession (June 3, 2009)
  interview with featured guest Niall Ferguson
  Professor Niall Ferguson explains why he thinks Gordon Brown is incapable of effectively pulling the UK out of recession...
• Recession Is 'All About Gord & Godzilla' (June 2, 2009)
  this item features Niall Ferguson
  One of the world's most distinguished economic historians has called for "pathetic" Gordon Brown to step down...
• A New Approach to Regulating the Economy? (May 29, 2009)
  interview with featured guest Russell Roberts
  President Obama has overseen sweeping changes in the role of government in the economy, intervening to prevent massive failures and promising to step up anti-trust laws...
• Thomas Sowell on 'Glenn Beck' (May 29, 2009)
  interview with featured guest Thomas Sowell
  I asked our guest at the beginning of the program tonight if we are still a capitalist nation...
• Bernanke & the Bond Market (May 29, 2009)
  interview with featured guest John B. Taylor
  John Taylor, fmr. Under Secretary of Treasury of International Affairs; James Bianco, of Bianco Researcy; and the CNBC news team discuss the bond market and the Fed...
• Professor John B. Taylor to Lead FinReg21.com Webinar on Government’s Role in Financial Crisis (May 19, 2009)
  this item features John B. Taylor
  FinReg21.com, a newly launched online resource of commentary and news on financial regulatory reform, today said it will host a live webinar on May 20th featuring Professor John B. Taylor...
• Economist Says Regulators Started Crisis (May 18, 2009)
  interview with featured guest Thomas Sowell
  Economist examines how it happened, who's to blame and why it may happen again...
• Sorting Out the Economic Mess (May 15, 2009)
  interview with featured guest Thomas Sowell
  And tonight in "Your America," it's been almost three months since President Obama signed his so-called stimulus plan and yet the new jobs and the economic turn-around that he promised have yet to come to fruition, and my next guest has written, perhaps, the most definitive book on how we've got into this mess in the first place, and it's called, "The Housing Boom and Bust."...
• Housing Boom and Bust (May 12, 2009)
  by Thomas Sowell
  Let us go back to square one to consider the empirical consequences of policies in the housing market...
• Count On This: Two Entertaining Economics Books (May 4, 2009)
  this podcast includes quotes from Niall Ferguson
  Like many people, I'm being kept awake at night by a financial crisis that I don't even understand...
• The thinkers who predicted early on many aspects of this financial crisis (May 4, 2009)
  this item mentions Niall Ferguson
  Time magazine has kindly included me in its annual list of The 100 Most Influential People in the World...
• The Aussie Way with John Howard: Chapter 4 of 5 (April 30, 2009)
  by Peter M. Robinson
  John Howard discusses the origins and implications of the global financial crisis...
• Congressmen Paul Kanjorski and Scott Garrett Host Second Bipartisan Financial Regulatory Roundtable (April 28, 2009)
  this item features John B. Taylor
  Chairman Paul Kanjorski (D-PA) and Ranking Member Scott Garrett (R-NJ) of the U.S. House of Representatives Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, announced today that they will host an educational roundtable on Monday, April 27, 2009 with guest speakers Jamie Dimon, Chairman of the Board and Chief Executive Officer (CEO) of JPMorgan Chase, and John Taylor, Professor of Economics at Stanford University...
• What caused the U.S. crisis: deregulation or overregulation? (April 28, 2009)
  this item includes quotes from Michael J. Boskin
  On Monday at the 2009 Milken Institute Global Conference on Monday the CEO of Bank of New York Mellon Corp Robert Kelly noted that American companies are controlled today by too many regulators which could undermine the U.S. recovery...
• Historian Niall Ferguson sits down with Fareed to discuss the severity of the economic crisis and expectations for Obama. (April 27, 2009)
  interview with featured guest Niall Ferguson
  Historian Niall Ferguson sits down with Fareed to discuss the severity of the economic crisis and expectations for Obama...
• Reacting to the Spending Spree: Policy Changes We Can Afford (April 27, 2009)
  by Terry Anderson, Jagdish Bhagwati, Charles Calomiris, Richard A. Epstein, Stephen Haber, Kevin Hassett, James Huffman, F. Scott Kieff, Gary D. Libecap, and Henry E. Smith
  edited by Terry Anderson and Richard Sousa
  In this nine-chapter volume, the authors examine the challenges the Obama administration faces today, and in the foreseeable future, and the administration’s planned responses.

  Please visit the Hoover Press web site for more information on this book or to place an order.

• Roberts on Wealth, Growth, and Economics as a Science (April 20, 2009)
  by Russell Roberts
  EconTalk host Russ Roberts talks with reporter Robert Pollie about the basics of wealth and growth...
• Getting Off Track: How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis (April 15, 2009)
  this item features John B. Taylor
  Throughout history, financial crises have always been caused by excesses – frequently monetary excesses – which lead to a boom and an inevitable bust...
• Reinventing GSEs Treasury's Plan for Financial Restructuring (April 15, 2009)
  this item mentions John B. Taylor
  In late March--timed to impress the G20--the Obama administration revealed its plan for regulating and restructuring the U.S. financial system...
• Treasury Covering Up Massive Fraud? (April 14, 2009)
  interview with featured guest John B. Taylor
  Taylor on Geithner and North Korea...
• G-20 Expanding Global Trade (April 14, 2009)
  interview with featured guest John B. Taylor
  "Just -- and I hope you were able to hear of some of the points that Peter was making job reaction what what what's coming out of London again."...
• Inside Look - Grading the TARP (April 14, 2009)
  interview with featured guest John B. Taylor
  Interview with Former Treasury Undersecretary John Taylor, Author of "Getting Off Track" (Bloomberg News)...
• Global Leaders Gather in Los Angeles to Address Unprecedented Economic Challenges and Search for Solutions at 2009 Milken Institute Global Conference (April 8, 2009)
  this item mentions Gary S. Becker
  At this extraordinary moment in financial and economic history, hundreds of CEOs, elected leaders, Nobel Prize winners, scientists, educators, philanthropists and global decision-makers are bringing their expertise and ideas to the 12th Milken Institute Global Conference to offer solutions to the urgent challenges facing the world – from the economy and health care to energy and education...
• Econ Expert John Taylor on G-20 (April 8, 2009)
  interview with featured guest John B. Taylor
  " Okay let's get John Taylor out of Stanford the former undersecretary...
• Crisis & the Law with Richard Epstein: Chapter 3 of 5 (April 1, 2009)
  by Peter M. Robinson
  interview with featured guest Richard A. Epstein
  Richard Epstein rates the separate responses of the Bush and Obama administrations to the financial crisis...
• Crisis & the Law with Richard Epstein: Chapter 2 of 5 (March 31, 2009)
  by Peter M. Robinson
  interview with featured guest Richard A. Epstein
  Richard Epstein discusses the financial crisis, determining that “government incentives were perverse, so the actions of the private parties were perverse.”...
• Taylor Says U.S. Risks Financial System Overregulation: Video (March 30, 2009)
  interview with featured guest John B. Taylor
  John Taylor, economics professor at Stanford University, talks with Bloomberg's Haslinda Amin about U.S. financial system regulation...
• Getting Off Track (March 26, 2009)
  interview with featured guest John B. Taylor
  John B. Taylor, professor of economics at Stanford University, challenges the conventional wisdom that it was an excess of deregulation that precipitated our current financial crisis...
• John B. Taylor "How Government Interventions Caused the Financial Crisis." (March 26, 2009)
  interview with featured guest John B. Taylor
  Author John B. Taylor discusses his book "Getting Off Track -- How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis," with Reason.tv's Michael C. Moynihan...
• Who's to blame for the financial crisis? (March 25, 2009)
  this item mentions Niall Ferguson
  In an Oxford-style debate, six financial experts discuss whether Washington or Wall Street is to blame for the economic crisis...
• The State of the Economy and Principles for Fiscal Stimulus (November 21, 2008)
  by John B. Taylor
  Thank you, Chairman Conrad, Ranking Member Gregg, and other members of the Senate Budget Committee for giving me the opportunity to testify about the state of the economy and options for a second fiscal stimulus...