Posner on the Financial Crisis

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. He also criticizes economists for complacency in the face of impending disaster. A recent convert of sorts to Keynesianism, Posner confesses some disillusion with the implementation of the stimulus plan and the expanding role of the Federal government.

You can listen to Posner on the Financial Crisis online on Radio and Podcast. Open the player on this page to stream the available audio.

Posner on the Financial Crisis is an episode from EconTalk Archives, 2009 by Library of Economics and Liberty.

This episode is 1:03:20 long.

This episode was published on Nov 16, 2009.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from EconTalk Archives, 2009 when more episodes are available from the podcast feed.