Very good economics primer. . .

. . .at Uncommon Knowledge.  Peter Robinson interviews economists Richard Epstein and John Taylor on Keynesianism versus classical liberal economic policy.

Part One - Are we all Keynesians now?

Part Two - What the hell happened?  The role of government intervention in the economic crisis.

Part Three - "A major cause of the crisis was that Wall Street financial engineers devised a series of new instruments that neither they nor the people who traded them fully understood."

Part Four - How much liquidity?

Part Five - Executive compensation as a diversion??

Whether you agree with Taylor and Epstein or not, the exchange is excellent.
 

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