• 00:01    |    
    Initial credits
  • 00:21    |    
  • 00:49    |    
    Working for Ronald Reagan
  • 02:43    |    
    Current economic contraction
  • 03:43    |    
    Nature of the crisis
    • Macroeconomic stagnation theory
    • Friedrich Hayek's economic view
    • Economic expansion
  • 07:50    |    
    Real estate bubble
    • Government intervention
    • Lending quotas
    • The American Dream legislation
    • Adjustable rate mortgages
    • Nonrecourse lending
    • Consumer spending
    • Flaws in the system
    • Regulatory structure
    • Toxic bonds
  • 20:01    |    
    Fannie Mae and Freddie Mac
  • Why not make them government agencies?
  • 22:50    |    
    Final words
  • 22:58    |    
    Final credits

Exploring Austrian Economics and Monetary Theory

New Media  | 23 de febrero de 2010  | Vistas: 38

About this video

Economic liberals that adhere to the Austrian School have long criticized government intervention.  In this conference, Jerry L. Jordan analyzes the current economic crisis from a liberal point of view.  He talks about the real estate bubble in the United States and explains that the current crisis is not the same as previous economic recessions due to the complexity of the many elements that influenced it.  He also observes that artificial economic stimulus cannot resolve the situation. Finally, Jordan describes how the confluence of government ambition, corruption, and private sector irresponsibility turned a housing bubble into a global economic crisis.



Exploring Austrian Economics and Monetary Theory
Jerry L. Jordan

Academic Building, A-406
Universidad Francisco Marroquín
Guatemala, February 23, 2010

New Media - UFM production.  Guatemala, March 2010
Camera: Jorge Samayoa; digital editing: Mynor de León; index and synopsis: Sergio Bustamante; content revisers: Daphne Ortiz, Jennifer Keller; publication: Carlos Petz/Daphne Ortiz





Jerry L. Jordan is an economist, president of the Pacific Academy…


Nuestra misión es la enseñanza y difusión de los principios éticos, jurídicos y económicos de una sociedad de personas libres y responsables.

Universidad Francisco Marroquín