Link to the Show / Show NotesWEDNESDAY, OCTOBER 08, 2008: Dr. James Reese, an associate professor in the George Dean Johnson, Jr. College of Business and Economics at the University of South Carolina Upstate, put four fundamental questions about the current financial crisis to experts around the world. The four questions are: Is this an economic/financial crisis and is it a fundamental change in the world economies? What was the cause?
What is the impact and which groups will be most affected (household, retirees, etc.) Can the crisis be cured – will the bailout work and should the government keep a hands off approach or install more regulation? The experts that Reese interviewed are Mark Thoma (this episode), Barry L. Ritholtz and Judge Richard Posner. Dr. Mark Thoma is an associate professor in the Department of Economics at the University of Oregon where his focus is on macroeconomics, monetary theory and international finance. Thoma manages the blog EconomistsView. Copyright 2008 Radio Economics® ( Rating: Squeaky Clean (G) / 9MB / 62Kbps / 19min 37sec )

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