• 00:01    |    
    Initial credits
  • 00:06    |    
    Introduction by Jorge Rojas
  • 00:56    |    
    What is the Austrian perspective on the Great Recession and its aftermath?
  • Government distortions
  • 04:05    |    
    In your past lecture, you said giving people something they cannot afford is a prescription for disaster, can you explain why?
    • Housing example
    • Bipartisan tragedy
  • 08:48    |    
    What is your opinion about the Occupy Wall Street movement?
    • Legitimate anger
    • Libertarian sentiment
  • 13:55    |    
    What is the importance of the n Index of Economic Freedom?
    • Economic growth
    • Recovery policies
    • Fiscal fundamentalism
    • Systematic economic measurement
  • 21:10    |    
    In your opinion, what should be done after the recession?
  • 24:35    |    
    Final words
  • 24:52    |    
    Final credits

Washington or Wall Street: Who Is Responsible for the Recession?

New Media  | 18 de noviembre de 2011  | Vistas: 17

Gene Epstein discusses with Jorge Rojas the current economic conditions prevailing in the United States. They mainly talk about the past recession, the effects it had and still has today. Returning to the source of the problem, they discover how the interplay between Wall Street and the U.S. government policies resulted toxic to the markets, which led to dangerous roads. Despite the internal political debate, he describes how a tendency toward libertarianism and free market has grown, all of which is reflected on strikes and public demonstrations. Epstein also comments on the Index of Economic Freedom and explains how this measurement helps to foreshadow the economic growth and development of a country.


Gene Epstein is Barron's economics editor and author of the column…


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