Hoover senior fellow Edward P. Lazear discusses his recent book Observations on the Financial Crisis on CNBC. Topics in the interview include distinguishing between the crisis and the recession, contagion versus systemic failure in the financial industry, and the formulation and evaluation of President Bush’s response.
Former George W. Bush economic advisers Keith Hennessey and Edward Lazear look back on the lessons of the 2008 financial crisis, presenting their thoughts, developed through discussions with colleagues and students, as well as correcting common misperceptions. Topics include the preceding financial panic, deregulation, the Troubled Asset Relief Program, the auto bailout, and the stimulus.
Edward Paul Lazear, a senior fellow at the Hoover Institution, discusses the economy on CNBC’s Kudlow Report (0:46). Topics include recent job reports and forecasts, economic growth trajectories, and rising long-term interest rates.