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Simon Johnson - 13 Bankers And The Next Financial Meltdown

Simon Johnson - 13 Bankers And The Next Financial Meltdown

Assessment

Interactive Video

Business, Social Studies

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses the 2008 financial crisis, its causes, and the role of deregulation in the financial sector's growth. It highlights the concept of 'too big to fail' and the need for antitrust actions similar to those in the early 20th century. The speaker emphasizes the importance of addressing incentive problems and suggests that current financial structures are unsustainable.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker mean by 'moral hazard' in the context of the financial crisis?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest is necessary for future economic thinking?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role did campaign contributions play in the relationship between finance and politics?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the current state of regulation in the financial sector?

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OFF

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