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Description: Research Fellow Scott Sumner, author of The Midas Paradox: Financial Markets, Government Policy Shocks, and the Great Depression talks with host Gary Rathbun about Sumner’s exhaustive research on the causes of the Great Depression.
Monetary policy mistakes by President Franklin Roosevelt and New Deal legislation led to instability in the economy. Sumner talks about the lessons learned from the 1930s that are relevant in today’s markets and how they relate to more recent economic fluctuations.
Scott Sumner, author of The Midas Paradox participated in this panel to discuss the welfare state and the regulatory state. Why do so few economists argue in favor of one and against the other?
This panel was recorded by Mercatus Center.
Scott Sumner's new book, The Midas Paradox, is a story thirty years in the making.
This video was produced by Mercatus Center.
David Beckworth, host of "Macro Musings" podcast interviewed Scott Sumner, author of "The Midas Paradox", on the content of this book, what caused the Great Depression, monetary economics among other topics.
Thanks to Mercatus Center at George Mason University for the permission to publish this podcast.
Research Fellow David Beckworth, editor of Boom and Bust Banking, and Research Fellow Scott Sumner, contributor to Boom and Bust Banking, discuss the role of the Fed.
