Barry Eichengreen – renowned professor of Economics and Political Science at the University of California Berkeley, former senior advisor to the IMF, author of “Globalizing Capital: A History of the International Monetary System”, and editor of “Rescuing our Jobs and Savings: What G8 Leaders can do to Solve the Global Credit Crisis” – provides a detailed overview of the financial crisis. He discusses at length: (a) the excessive risk undertaken by a variety of financial institutions as a result of gradual deregulation of financial services sector in the second half of 20th century; (b) the role of both Republican and Democratic parties in maintaining deregulation policies following introduction of US President Ronald Reagan’s “free markets” ideology in 1980; (c) the inability of the US to properly manage or channel massive capital inflows from the developing world – especially China – during the last decade; (d) the failure of Bush administration to mount an adequate response to the financial crisis on account of its initial state of denial, financial engineering mindset, and “free markets” ideology; and (e) actions – such as, interest rate increases, deficit reduction, recapitalization of banks, and economic stimulus – that would have greatly mitigated the severity of the financial crisis. In addition, he dwells on: (f) the impact of the financial crisis on American power and globalization, as well as (g) the nature of institutional reforms required at global level to …

May 24 (Bloomberg) — Jim Bianco, president of Bianco Research LLC, talks with Bloomberg’s Matt Miller about Europe’s financial crisis. (This is an excerpt of the full interview. Source: Bloomberg)

May 17 (Bloomberg) — Matthew Bishop, New York business editor for The Economist and author of “The Road from Ruin: How to Revive Capitalism and Put America Back on Top,” talks with Bloomberg’s Matt Miller and Carol Massar about financial regulation in the US Bishop also discusses Europe’s financial crisis and the outlook for the euro, and the US economy. (Source: Bloomberg)

Congressman Ron Paul confronts Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke on the dollar and the economy at the House Financial Services Hearing, July 10, 2008. Paulson, as expected, dodged the question. Footage courtesy of C-SPAN. www.house.gov Join Ron Paul’s Campaign for Liberty! www.CampaignForLiberty.com

Financial Markets (ECON 252) Professor Shiller provides a description of the course, Financial Markets, including administrative details and the topics to be discussed in each lecture. He briefly discusses the importance of studying finance and each key topic. Lecture topics will include: behavioral finance, financial technology, financial instruments, commercial banking, investment banking, financial markets and institutions, real estate, regulation, monetary policy, and democratization of finance. Complete course materials are available at the Open Yale Courses website: open.yale.edu This course was recorded in Spring 2008.

house.gov campaignforliberty.com Congressman Ron Paul’s opening statement and questioning of Federal Reserve chairman Ben Bernanke at the House Financial Services Committee hearing, March 17, 2010. Dr. Paul attempts to instruct Bernanke in the basics of Austrian Economics.

www.house.gov campaignforliberty.com Congressman Ron Paul questions Jim Carr of the National Community Reinvestment Coalition at the House Financial Services Subcommittee on Domestic Monetary Policy and Technology hearing on July 16, 2009 entitled, “Regulatory Restructuring Safeguarding Consumer Protection and the Role of the Federal Reserve.”

Nouriel Roubini – who successfully predicted the recent collapse of the US-dominated financial system years in advance – discusses the financial crisis and its impact on world economies. He describes in detail: (a) the origins of the financial crisis in bursting of massive bubbles in various asset classes that in turn were generated by easy credit and poor regulation; (b) the fundamental flaws of limited transparency, excessive securitization, and shoddy credit ratings – especially in the domain of exotic securities – in the financial system; and (c) the fateful decision by Western financial regulators to allow the shadow banking system to grow dramatically without adequate safety measures. He also highlights: (d) the weakening of American geopolitical power from massive deficit spending to fix the US financial system and revive the American economy; (e) the potential threat to world peace through severe social and political unrest arising from high unemployment; and (f) the likely slowdown, if not reversal, of globalization itself via enactment of trade and tariff barriers to protect jobs. This speech was recorded in October 2008. PLEASE READ MY COMMENTS ON THE VIDEO BEFORE WATCHING.

www.house.gov CampaignForLiberty.com Congressman Ron Paul questions Federal Reserve Governor Elizabeth Duke at the House Financial Services Subcommittee on Domestic Monetary Policy and Technology hearing on July 16, 2009 entitled, “Regulatory Restructuring Safeguarding Consumer Protection and the Role of the Federal Reserve.”

Congressman Ron Paul talks about his confrontation with Treasury Secretary Henry Paulson and Fed Chairman Ben Bernanke at the Financial Services Hearing, July 10, 2008. Originally posted at Dr. Paul’s congressional website: www.house.gov Sign up to be a part of Ron Paul’s Campaign for Liberty! www.CampaignForLiberty.com